Chrysalis Investments Executes Share Buyback Program

Chrysalis Investments Limited ( (GB:CHRY) ) has shared an announcement.

Chrysalis Investments Limited has executed a share buyback, purchasing 500,000 ordinary shares at an average price of £1.01998 per share. These shares will be held in treasury, affecting the total number of shares in issue, which now stands at 529,772,153. This move is part of the company’s ongoing strategy to manage its share capital and potentially enhance shareholder value.

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 is an alternative investment fund that operates under the AIFM Directive. It focuses on managing a diverse portfolio of investments, with G10 Capital Limited appointed as its alternative investment fund manager.

Average Trading Volume: 1,397,416

Technical Sentiment Signal: Buy

For detailed information about CHRY stock, go to TipRanks’ Stock Analysis page.