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Chrysalis Investments Expands Treasury Holdings with Share Buyback

Story Highlights
  • Chrysalis Investments focuses on alternative investment funds and strategic portfolio management.
  • The company repurchased 250,000 shares, impacting market calculations and shareholder interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

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

Chrysalis Investments Limited has repurchased 250,000 of its ordinary shares at an average price of £0.936607 as part of its ongoing share buyback program. This transaction, conducted through Deutsche Numis, increases the company’s treasury shares to 57,678,261, impacting the total number of shares available for market calculations and potentially affecting shareholder interests.

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 financial services industry, focusing on alternative investment funds. The company engages in investment activities and manages a portfolio of investments, with a market focus on providing returns through strategic share buybacks and portfolio management.

YTD Price Performance: -13.80%

Average Trading Volume: 1,548,244

Technical Sentiment Signal: Sell

Current Market Cap: £494.1M

See more insights into CHRY stock on TipRanks’ Stock Analysis page.

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