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Spire Healthcare Executes Share Buyback to Enhance Shareholder Value
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Spire Healthcare Executes Share Buyback to Enhance Shareholder Value

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Spire Healthcare ( (GB:SPI) ) has provided an update.

Spire Healthcare Group PLC has executed a share buyback, purchasing 50,000 of its own ordinary shares on the London Stock Exchange as part of its buyback program announced in October 2024. The shares, purchased at prices ranging from 225.00 to 227.50 GBp, will be cancelled, affecting the total number of shares in issue and voting rights. This move is aimed at enhancing shareholder value and reflects Spire’s strategic financial management to maintain a healthy stock performance.

More about Spire Healthcare

Spire Healthcare is a leading independent healthcare group in the UK, operating 38 hospitals and over 50 clinics, offering services like private GP consultations and occupational health to over 800 corporate clients. It provided care to over 1 million patients in 2023 and is the leading private provider of knee and hip operations. Spire Healthcare is well-regarded, with 98% of its locations rated ‘Good’ or ‘Outstanding’ by health inspectors and is a member of the FTSE 250.

YTD Price Performance: 1.02%

Average Trading Volume: 525,370

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £913.9M

See more data about SPI stock on TipRanks’ Stock Analysis page.

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