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Impax Asset Management ( (GB:IPX) ) has shared an announcement.
Impax Asset Management Group plc has executed a share buyback program, purchasing 40,000 of its ordinary shares at a price of 184.00 GBp each on 08 August 2025. This transaction is part of a larger buyback initiative announced earlier in May 2025, with a total of 775,000 shares repurchased to date. The company plans to cancel these shares, which will result in a total of 131,821,554 shares in issue. This move is expected to impact the company’s share capital structure and could influence shareholder voting rights, as the total voting rights will be adjusted accordingly.
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’s strong financial performance and attractive valuation are the primary drivers of its overall score. The ongoing share buyback program and growth in assets under management further enhance the company’s outlook. However, bearish technical indicators suggest caution in the short term.
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 environmental sustainability and resource efficiency, catering to investors interested in sustainable and responsible investment opportunities.
Average Trading Volume: 433,678
Technical Sentiment Signal: Sell
Current Market Cap: £234M
Learn more about IPX stock on TipRanks’ Stock Analysis page.