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Jupiter Fund Management Executes Share Buyback

Story Highlights
  • Jupiter Fund Management operates in investment management, offering global asset solutions.
  • Jupiter purchased 95,084 shares for its buyback programme, affecting voting rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jupiter Fund Management Executes Share Buyback

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The latest update is out from Jupiter Fund Management Plc ( (GB:JUP) ).

Jupiter Fund Management Plc has executed a share buyback transaction, purchasing 95,084 of its ordinary shares on the London Stock Exchange as part of its ongoing buyback programme. This move is intended to hold the shares in Treasury, impacting the total voting rights and potentially influencing shareholder interest calculations under 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.

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 within the financial services industry, primarily focusing on investment management. The company provides a range of investment solutions and services to individual and institutional investors, with a market focus on managing assets across various global markets.

Average Trading Volume: 1,275,674

Technical Sentiment Signal: Hold

Current Market Cap: £505.9M

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

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