Fuller, Smith & Turner Executes Share Buyback to Optimize Capital Structure

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The latest update is out from Fuller Smith & Turner ( (GB:FSTA) ).

Fuller, Smith & Turner has executed a share buyback transaction, purchasing 50,000 of its ‘A’ ordinary shares at a price of 624 pence each. This move is part of a broader buyback programme announced earlier in the year, aimed at optimizing the company’s capital structure and potentially enhancing shareholder value. Post-transaction, the company’s issued share capital includes a total of 38,682,339 shares, with 3,877,562 held in treasury, influencing the voting rights calculations for stakeholders.

More about Fuller Smith & Turner

Fuller, Smith & Turner P.L.C. operates within the hospitality industry, primarily focusing on brewing and running pubs and hotels. The company is a well-established player in the UK market, known for its premium beers and high-quality pub and hotel experiences.

YTD Price Performance: -2.56%

Average Trading Volume: 41,561

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £351.4M

Learn more about FSTA stock on TipRanks’ Stock Analysis page.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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