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Jupiter Fund Management Executes Share Buyback

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Jupiter Fund Management Executes Share Buyback

Jupiter Fund Management Plc ( (GB:JUP) ) has issued an update.

Jupiter Fund Management Plc announced the repurchase of 250,000 of its ordinary shares as part of its ongoing share buyback program. The shares were acquired at a weighted average price of £0.754129 and will be held in Treasury, adjusting the total voting rights to 542,020,465. This move is part of Jupiter’s strategy to manage its capital structure and potentially enhance shareholder value.

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 individual and institutional investors, with a market focus on delivering strong, long-term investment performance.

YTD Price Performance: -12.00%

Average Trading Volume: 1,232,626

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £394.2M

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

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