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Jupiter Fund Management Plc ( (GB:JUP) ) has issued an update.
Jupiter Fund Management Plc has completed its share buyback program, acquiring a total of 16,349,385 ordinary shares at an average price of £0.842620 per share, amounting to £13.9 million. This completion results in 16,349,385 shares held in Treasury, impacting the total voting rights, which now stand at 528,630,125 shares, potentially affecting shareholder notifications under FCA rules.
The most recent analyst rating on (GB:JUP) stock is a Buy with a £142.00 price target. To see the full list of analyst forecasts on Jupiter Fund Management Plc stock, see the GB:JUP Stock Forecast page.
Spark’s Take on GB:JUP Stock
According to Spark, TipRanks’ AI Analyst, GB:JUP is a Outperform.
Jupiter Fund Management Plc’s overall stock score is driven by strong technical momentum and strategic corporate actions, such as share buybacks and acquisitions, which enhance shareholder value. While financial performance shows some pressure from declining revenue, the company’s low leverage and strong equity position are positives. The valuation is reasonable, supported by a solid dividend yield.
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, focusing on asset management. The company provides investment services and products to individual and institutional investors, aiming to deliver long-term growth and returns.
Average Trading Volume: 1,311,093
Technical Sentiment Signal: Buy
Current Market Cap: £645.5M
See more insights into JUP stock on TipRanks’ Stock Analysis page.