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Jupiter Fund Management Plc ( (GB:JUP) ) has shared an announcement.
Jupiter Fund Management Plc has executed a share buyback transaction, purchasing 60,254 of its ordinary shares on the London Stock Exchange at an average price of £1.083947 per share. This move is part of a previously announced buyback program, and the purchased shares will be held in Treasury, impacting the company’s total voting rights and potentially influencing shareholder interests.
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 Neutral.
Jupiter Fund Management Plc’s overall score reflects a solid capital structure and undervalued stock valuation. While the share buyback strategy supports shareholder value, the key risk remains the declining revenue trend. The overbought technical indicators suggest caution in the short term.
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 investment management. The company offers a range of investment products and services, catering to both individual and institutional investors, with a market focus on delivering strong, risk-adjusted returns.
Average Trading Volume: 1,118,099
Technical Sentiment Signal: Hold
Current Market Cap: £525.6M
Find detailed analytics on JUP stock on TipRanks’ Stock Analysis page.