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Jupiter Fund Management Plc ( (GB:JUP) ) just unveiled an announcement.
Jupiter Fund Management Plc has repurchased 100,000 of its ordinary shares on the London Stock Exchange as part of its ongoing share buyback program. This transaction, executed through Numis Securities Limited, is part of the company’s strategy to manage its capital structure, with the purchased shares being held in Treasury. The total voting rights in the company now stand at 531,646,747, providing shareholders with a reference for any changes in their interest under the FCA’s Disclosure Guidance and Transparency Rules.
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.
The overall stock score reflects a combination of solid valuation metrics, positive technical trends, and strategic corporate actions like share buybacks. However, the score is moderated by declining financial performance, especially in revenue and asset base, requiring attention to future growth prospects.
To see Spark’s full report on GB:JUP stock, click here.
More about Jupiter Fund Management Plc
Jupiter Fund Management Plc is a company in the financial services industry, primarily focusing on asset management. It offers a range of investment products and services, catering to a diverse client base seeking to manage their financial portfolios effectively.
Average Trading Volume: 1,330,641
Technical Sentiment Signal: Hold
Current Market Cap: £493.7M
See more insights into JUP stock on TipRanks’ Stock Analysis page.