The latest update is out from Jupiter Fund Management Plc ( (GB:JUP) ).
Jupiter Fund Management Plc announced the purchase of 200,000 of its own ordinary shares as part of its share buyback programme, executed on the London Stock Exchange. This transaction, which is part of an ongoing strategy to manage the company’s capital structure, results in Jupiter holding a total of 2,509,045 shares in Treasury, with 542,470,465 shares remaining in issue. The move is intended to optimize shareholder value and reflects the company’s commitment to maintaining a balanced approach to capital allocation.
More about Jupiter Fund Management Plc
Jupiter Fund Management Plc is a company operating in the financial services industry, primarily focused on investment management services. It offers a range of investment products and services to individual and institutional investors, with a market focus on delivering strong, long-term returns.
YTD Price Performance: -12.34%
Average Trading Volume: 1,236,295
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £397.1M
For an in-depth examination of JUP stock, go to TipRanks’ Stock Analysis page.