RE: 100m share buyback & TU - all systems go for 20269 Oct 2025 07:45
Absolutely cracking TU! πππ
Leeverage at the lower end, 1.6, of the 1.5-2.0 range... that line is absolutely π€© - IMO that's the line that sets this stock on the upward steep incline! π
Β£100mil buyback - albeit, this one appears a slower burn - running until Oct 26 (maybe they add more in April 26 (the buyback RNS leaves that choice open) π€·ββοΈ
Very strong revenue performance, as I'd previously said would be the case here! And rightly they're using it to pay down the debt they took on to accelerate this growth, and returning some of the proceeds via buybacks to LTH's.
All in alignment with what I prior said "The board have been making fantastic decisions"
IMO this is a stong Buy and we should be seeing Β£2 imminently. GLA - DYOR