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Jupiter Fund Management Executes Share Buyback

Story Highlights
  • Jupiter Fund Management operates in asset management, targeting individual and institutional investors.
  • Jupiter executed a share buyback, purchasing 33,111 shares, impacting voting rights and share calculations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jupiter Fund Management Executes Share Buyback

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

Jupiter Fund Management Plc has executed a share buyback, purchasing 33,111 ordinary shares on the London Stock Exchange as part of its ongoing buyback program. The shares will be held in Treasury, affecting the total voting rights and share calculations for stakeholders, with updates on transactions to be published weekly on the company’s website.

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 stock score is driven by its attractive valuation and strong technical indicators, suggesting potential undervaluation and bullish momentum. Corporate events like frequent share buybacks further support shareholder value and market confidence. However, financial performance reflects challenges in revenue growth, which requires attention.

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 management services and products, primarily targeting individual and institutional investors.

Average Trading Volume: 1,267,949

Technical Sentiment Signal: Hold

Current Market Cap: £492.7M

See more insights into JUP stock on TipRanks’ Stock Analysis page.

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