Chrysalis Investments Enhances Shareholder Value with Share Buyback

Chrysalis Investments Limited ( (GB:CHRY) ) has provided an update.

Chrysalis Investments Limited announced the repurchase of 250,000 ordinary shares as part of its ongoing share buyback program. This transaction, conducted through Deutsche Numis, reflects the company’s strategic efforts to manage its share capital and potentially enhance shareholder value. The repurchased shares will be held in treasury, bringing the total number of treasury shares to 79,925,876. The move may impact shareholder calculations regarding their interest in the company, as it adjusts the total number of shares in issue to 515,224,538, excluding treasury shares.

The most recent analyst rating on (GB:CHRY) stock is a Buy with a £1.12 price target. To see the full list of analyst forecasts on Chrysalis Investments Limited stock, see the GB:CHRY Stock Forecast page.

Spark’s Take on GB:CHRY Stock

According to Spark, TipRanks’ AI Analyst, GB:CHRY is a Outperform.

Chrysalis Investments Limited demonstrates solid financial stability with a strong equity base and recent improvements in profitability and cash flow. Strategic share buybacks and asset disposals enhance liquidity and shareholder value. However, mixed technical indicators, historical financial volatility, and no dividend yield slightly temper the stock’s overall appeal.

To see Spark’s full report on GB:CHRY stock, click here.

More about Chrysalis Investments Limited

Chrysalis Investments Limited operates as an alternative investment fund, focusing on providing investment opportunities through its appointed manager, G10 Capital Limited. The company is part of the financial services industry, offering investment products and services under the regulatory framework of the Financial Conduct Authority.

Average Trading Volume: 1,433,669

Technical Sentiment Signal: Buy

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