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Chrysalis Investments Expands Share Buyback Programme

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Chrysalis Investments Expands Share Buyback Programme

Elevate Your Investing Strategy:

An announcement from Chrysalis Investments Limited ( (GB:CHRY) ) is now available.

Chrysalis Investments Limited has repurchased 250,000 of its ordinary shares at a weighted average price of £1.048797 as part of its ongoing share buyback programme. This transaction, executed through Deutsche Numis, increases the company’s treasury holdings to 70,098,261 shares, while the total number of shares in issue, excluding treasury shares, stands at 525,052,153. This move is part of the company’s 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 operates as an alternative investment fund, focusing on providing investment opportunities through its portfolio managed by G10 Capital Limited, part of the IQEQ Group.

Average Trading Volume: 1,248,338

Technical Sentiment Signal: Buy

For a thorough assessment of CHRY stock, go to TipRanks’ Stock Analysis page.

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