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Jupiter Fund Management Executes Share Buyback

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Jupiter Fund Management Executes Share Buyback

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

Jupiter Fund Management Plc announced the repurchase of 100,000 of its ordinary shares on the London Stock Exchange as part of its ongoing share buyback program. The shares, purchased at a weighted average price of £0.967020, will be held in Treasury, affecting the total voting rights and potentially influencing shareholder interests in accordance with regulatory guidelines.

The most recent analyst rating on (GB:JUP) stock is a Hold with a £0.92 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 stock is positively influenced by strong valuation metrics and proactive corporate actions, such as share buybacks. However, the financial performance indicates underlying challenges with declining revenues, requiring strategic focus to ensure long-term 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, catering to both individual and institutional investors.

Average Trading Volume: 1,377,344

Technical Sentiment Signal: Hold

Current Market Cap: £487M

See more data about JUP stock on TipRanks’ Stock Analysis page.

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