Impax Asset Management Initiates £10 Million Share Buyback Programme

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

Impax Asset Management Group plc has launched a £10 million share buyback programme to return additional capital to shareholders, following an update on its capital management priorities. The programme, conducted with Peel Hunt LLP, will be executed on the London Stock Exchange and other venues, potentially impacting daily trading volumes due to limited liquidity in the shares. The buyback reflects Impax’s strategic focus on optimizing shareholder value and may influence its market positioning.

The most recent analyst rating on (GB:IPX) stock is a Buy with a £700.00 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 stock score is bolstered by strong financial performance and attractive valuation, which are offset by technical weaknesses and mixed corporate event impacts. The solid financial health and high dividend yield provide a strong foundation, but caution is advised due to negative market momentum and AUM decline.

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

More about Impax Asset Management

Founded in 1998, Impax Asset Management is a specialist asset manager with approximately £25.3 billion of assets under management as of March 2025. The company focuses on investing in the transition to a sustainable global economy, addressing challenges like climate change and resource efficiency. Impax aims to invest in high-quality companies with strong risk management and offers a range of investment solutions across various asset classes.

Average Trading Volume: 1,039,756

Technical Sentiment Signal: Sell

Current Market Cap: £219.3M

See more insights into IPX stock on TipRanks’ Stock Analysis page.