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Conduit Holdings Adds to Treasury Stock in Ongoing Share Buyback

Story Highlights
  • Conduit Holdings repurchased 51,378 shares under its ongoing buyback programme at around 390p each.
  • The company now holds 3.51 million treasury shares, leaving 161.73 million voting rights outstanding for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Conduit Holdings Adds to Treasury Stock in Ongoing Share Buyback

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Conduit Holdings Ltd ( (GB:CRE) ) has issued an announcement.

Conduit Holdings Limited has continued to execute its share buyback programme with the repurchase of 51,378 common shares on 3 February 2026 at prices between 389p and 390p, at a volume-weighted average of 389.94p, through broker Panmure Liberum on the London Stock Exchange. Following these transactions, the company now holds 3,509,486 shares in treasury and has 165,239,997 shares in issue, resulting in 161,730,511 voting rights, a figure shareholders are instructed to use for regulatory disclosure calculations under the FCA’s transparency rules.

The most recent analyst rating on (GB:CRE) stock is a Hold with a £425.00 price target. To see the full list of analyst forecasts on Conduit Holdings Ltd stock, see the GB:CRE Stock Forecast page.

Spark’s Take on GB:CRE Stock

According to Spark, TipRanks’ AI Analyst, GB:CRE is a Outperform.

Conduit Holdings Ltd’s strong financial performance and strategic corporate actions, such as the share buyback program, are significant positives. However, the high P/E ratio suggests overvaluation, and technical indicators hint at potential short-term volatility. The high dividend yield provides a buffer, making the stock attractive for income-focused investors.

To see Spark’s full report on GB:CRE stock, click here.

More about Conduit Holdings Ltd

Conduit Holdings Limited is the London-listed parent of Conduit Re, a Bermuda-based multi-line reinsurance group with global reach. Operating through Conduit Reinsurance Limited, which is regulated by the Bermuda Monetary Authority as a Class 4 insurer, the group provides diversified reinsurance solutions and holds A- (Excellent) financial strength and issuer credit ratings from A.M. Best, both with a stable outlook.

Average Trading Volume: 574,897

Technical Sentiment Signal: Buy

Current Market Cap: £602.6M

Find detailed analytics on CRE stock on TipRanks’ Stock Analysis page.

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