Touchstar

TST · AIM · Technology · mcap £5.4m · 70.0p

Touchstar sells software, rugged handheld devices and support services that help fuel distributors and other delivery businesses manage their drivers and orders. About 45% of revenue is recurring (contracted subscriptions and support).

Target	Promise	Said	Status
2024
31 Dec 2024	Conclude the strategic review by end of 2024.	26 Sep 2024	◐ Partly kept
	“the Board will be conducting a strategic review of the Company to identify the optimal path for future growth and value creation for its Shareholders” Also stated 26 Sep 2024 Result The conclusion came on 17 February 2025, about six weeks after the target: the company stays standalone. “Following a comprehensive review of the available options and in consultation with its advisers, the Board has determined that it is in the best interests of shareholders for the Company to remain a stand-alone AIM-quoted entity.”17 Feb 2025 · Trading Update & Conclusion of Strategic Review “The board of directors (the "Board") of Touchstar plc (AIM:TST) announces a trading update for the year ended 31 December 2024 together with the conclusion of the strategic review process that commenced on 26 September 2024 (the "Strategic Review").”17 Feb 2025 · Trading Update & Conclusion of Strategic Review
2026
18 Mar 2026	Return up to £1m to shareholders through buybacks and dividends over the next year.	17 Feb 2025	◐ Partly kept
	“We believe up to £1.0m could be applied for share buybacks in the next year” Also stated 18 Mar 2025 · 29 Apr 2025 Result Buybacks restarted in May 2025 and were expanded to £1m in June 2025; the amount actually bought is not shown. “The Company intends to resume purchasing its own shares. We believe up to £1.0m could be applied for share buybacks in the next year although the exact level will be dependent upon availability of shares and the price.”29 Apr 2025 · Final Results “Touchstar plc (AIM: TST), suppliers of mobile data computing solutions and managed services to a variety of industrial sectors, is pleased to announce the launch of an extension and expansion initial share buyback programme of ordinary shares of 5 pence each ("Ordinary Shares") now having the ability to repurchase up to £1,000,000 worth of Ordinary Shares (the "Buyback Programme"), effective from today.”24 Jun 2025 · Results of AGM, Business Update & Share Buyback