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Jupiter Fund Management AGM Resolutions Passed Amid Shareholder Concerns

Story Highlights

Jupiter Fund Management Plc ( (GB:JUP) ) has shared an announcement.

Jupiter Fund Management Plc announced that all resolutions at its Annual General Meeting were passed by the required majorities. Notably, resolution 13 regarding political donations received significant opposition, with over 20% of votes against it. The company plans to engage with shareholders to address concerns, highlighting the potential impact on its governance practices and stakeholder relations.

Spark’s Take on GB:JUP Stock

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

Jupiter Fund Management Plc scores moderately due to a strong equity foundation and strategic share buybacks, which enhance shareholder value. Despite attractive valuation metrics, the company faces challenges with declining revenue and bearish technical indicators, necessitating a reversal in revenue trends for sustainable growth.

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

More about Jupiter Fund Management Plc

Jupiter Fund Management Plc operates in the financial services industry, primarily focusing on asset management. The company offers a range of investment products and services to individual and institutional clients, with a market focus on delivering strong investment performance and client service.

Average Trading Volume: 1,478,617

Technical Sentiment Signal: Sell

Current Market Cap: £383.5M

Learn more about JUP stock on TipRanks’ Stock Analysis page.

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