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Staffline Executes Share Buy-Back, Adjusts Total Voting Rights

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Staffline Executes Share Buy-Back, Adjusts Total Voting Rights

Staffline ( (GB:STAF) ) just unveiled an update.

Staffline Group PLC has executed a share buy-back, purchasing 44,763 ordinary shares at an average price of 32.8p each on the London Stock Exchange. This transaction, conducted under the authority granted by shareholders, reduces the total number of shares in issue to 136,630,576, impacting the total voting rights in the company and potentially affecting shareholder interest calculations.

More about Staffline

Staffline Group PLC is a leading recruitment group in the UK, operating through two main divisions: Recruitment GB and Recruitment Ireland. Recruitment GB focuses on providing flexible blue-collar workers across various industries such as supermarkets, logistics, and manufacturing, supplying around 35,000 staff daily from approximately 400 sites. Recruitment Ireland offers comprehensive staffing solutions across multiple industries, supplying about 4,500 staff daily and providing RPO, MSP, temporary, and permanent solutions across public and private sectors in Ireland.

YTD Price Performance: 45.30%

Average Trading Volume: 437,289

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £43.57M

See more insights into STAF stock on TipRanks’ Stock Analysis page.

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