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Chrysalis Investments Limited ( (GB:CHRY) ) has provided an update.
Chrysalis Investments Limited has repurchased 250,000 of its ordinary shares at a weighted average price of £0.951687 as part of its ongoing share buyback programme. This transaction, executed through Deutsche Numis, results in the company holding 57,928,261 shares in treasury, with 537,222,153 shares remaining in issue. This move is part of Chrysalis’s strategy to manage its share capital 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 demonstrates solid financial stability with a strong equity base and recent improvements in profitability and cash flow. Despite historical volatility and asset base contraction, the company is effectively managing its portfolio through strategic disposals and buybacks, enhancing liquidity and shareholder value. However, mixed technical indicators and the absence of a dividend yield somewhat limit the stock’s appeal. The overall score reflects a balanced view of these factors.
To see Spark’s full report on GB:CHRY stock, click here.
More about Chrysalis Investments Limited
Chrysalis Investments Limited operates in the alternative investment fund industry, focusing on managing a portfolio of investments through a structured share buyback programme. The company is managed by G10 Capital Limited, which serves as its alternative investment fund manager.
YTD Price Performance: -11.85%
Average Trading Volume: 1,502,204
Technical Sentiment Signal: Sell
Current Market Cap: £511.7M
For detailed information about CHRY stock, go to TipRanks’ Stock Analysis page.