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The latest announcement is out from Chrysalis Investments Limited ( (GB:CHRY) ).
Chrysalis Investments Limited has repurchased 220,000 of its ordinary shares at a weighted average price of £0.918704 as part of its ongoing share buyback program. This transaction increases the total number of shares held in treasury to 56,428,261, while the number of shares in issue, excluding treasury shares, stands at 538,722,153. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
Spark’s Take on GB:CHRY Stock
According to Spark, TipRanks’ AI Analyst, GB:CHRY is a Neutral.
Chrysalis Investments Limited’s score reflects a strong financial foundation with improved profitability and strategic asset management. However, technical indicators suggest a bearish trend, and historical volatility remains a concern. The valuation is attractive, but the lack of dividend yield may deter some investors.
To see Spark’s full report on GB:CHRY stock, click here.
More about Chrysalis Investments Limited
Chrysalis Investments Limited is an alternative investment fund that operates under the AIFM Directive, focusing on managing a portfolio of diverse investments. The company is required to have an authorized investment manager, which is G10 Capital Limited, part of the IQEQ Group.
YTD Price Performance: -14.35%
Average Trading Volume: 1,524,755
Technical Sentiment Signal: Buy
Current Market Cap: £485.3M
For an in-depth examination of CHRY stock, go to TipRanks’ Stock Analysis page.