tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Impax Asset Management Completes £10m Share Buyback, Cancels 5.6m Shares

Story Highlights
Impax Asset Management Completes £10m Share Buyback, Cancels 5.6m Shares

Claim 70% Off TipRanks This Holiday Season

Impax Asset Management ( (GB:IPX) ) just unveiled an update.

Impax Asset Management has completed its previously announced £10 million share buyback programme, repurchasing 5,555,658 ordinary shares which have now been cancelled. Following the transaction, the company has 127,040,896 ordinary shares in issue, a move that effectively returns capital to shareholders and marginally increases earnings per share for remaining investors while underscoring management’s confidence in the business and its valuation.

The most recent analyst rating on (GB:IPX) stock is a Hold with a £153.00 price target. To see the full list of analyst forecasts on Impax Asset Management stock, see the GB:IPX Stock Forecast page.

Spark’s Take on GB:IPX Stock

According to Spark, TipRanks’ AI Analyst, GB:IPX is a Neutral.

Impax Asset Management’s overall score reflects strong valuation metrics and a stable financial foundation, countered by bearish technical indicators and recent financial performance challenges. Strategic initiatives and a high dividend yield offer potential for future recovery.

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

More about Impax Asset Management

Founded in 1998, Impax Asset Management Group plc is a specialist asset manager focused on the transition to a more sustainable global economy, managing approximately £26.1 billion in listed and private market strategies as at 30 September 2025. The firm concentrates on investment opportunities shaped by sustainability challenges such as climate change, pollution, resource efficiency and infrastructure needs, offering a range of multi-asset investment solutions aimed at delivering superior risk-adjusted returns over the medium to long term.

Average Trading Volume: 481,949

Technical Sentiment Signal: Strong Sell

Current Market Cap: £176.1M

See more data about IPX stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1