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Impax Asset Management Continues Share Buyback Program

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Impax Asset Management Continues Share Buyback Program

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Impax Asset Management ( (GB:IPX) ) has shared an announcement.

Impax Asset Management Group plc has announced the purchase of 20,000 of its own shares at a price of 195.00 GBp each as part of its ongoing buyback program. This transaction brings the total number of shares repurchased since the program’s inception to 485,000, with the company intending to cancel these shares. This move is likely aimed at optimizing the company’s capital structure and could have implications for shareholder value and voting rights.

The most recent analyst rating on (GB:IPX) stock is a Buy with a £330.00 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 scores well due to strong financial performance and attractive valuation. Technical analysis indicates moderate bullish sentiment. The absence of earnings call data limits further insights.

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 services industry, focusing on asset management. The company is known for its investment strategies that emphasize sustainability and environmental impact.

Average Trading Volume: 494,819

Technical Sentiment Signal: Sell

Current Market Cap: £244.5M

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

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