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Jupiter Fund Management Executes Share Buyback

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Jupiter Fund Management Executes Share Buyback

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An announcement from Jupiter Fund Management Plc ( (GB:JUP) ) is now available.

Jupiter Fund Management Plc has executed a share buyback, purchasing 15,157 of its 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, as the company continues to manage its capital structure and shareholder value.

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.

The overall stock score for Jupiter Fund Management Plc reflects a mixed outlook. The strong valuation and positive corporate events, particularly the share buyback program and strategic acquisition, are major strengths. However, technical analysis suggests caution due to overbought conditions, and financial performance highlights ongoing revenue challenges. Addressing these issues will be critical for future growth.

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, primarily through mutual funds and other investment vehicles, catering to a diverse range of clients including individual investors and institutions.

Average Trading Volume: 1,179,271

Technical Sentiment Signal: Buy

Current Market Cap: £672.2M

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

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