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Impax Asset Management ( (GB:IPX) ) has provided an update.
Impax Asset Management Group plc announced the purchase of 50,000 of its ordinary shares as part of its ongoing buyback program, which began in May 2025. This move, which will result in the cancellation of the purchased shares, aims to optimize the company’s capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.
The most recent analyst rating on (GB:IPX) stock is a Buy with a £213.00 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 Outperform.
Impax Asset Management’s strong financial performance and attractive valuation are the primary drivers of its overall score. Despite some short-term technical weakness, the company’s robust cash flow and low P/E ratio, coupled with a high dividend yield, present a compelling investment case.
To see Spark’s full report on GB:IPX stock, click here.
More about Impax Asset Management
Impax Asset Management Group plc operates in the financial industry, focusing on asset management services. The company is known for its investment strategies that emphasize environmental sustainability and resource efficiency.
Average Trading Volume: 332,565
Technical Sentiment Signal: Strong Sell
Current Market Cap: £219.2M
Learn more about IPX stock on TipRanks’ Stock Analysis page.