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Jupiter Fund Management Executes Share Buyback

Story Highlights
  • Jupiter Fund Management has purchased 250,000 ordinary shares as part of its buyback program.
  • The transaction affects the company’s total voting rights, now at 539,670,465.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jupiter Fund Management Executes Share Buyback

Jupiter Fund Management Plc ( (GB:JUP) ) just unveiled an announcement.

Jupiter Fund Management Plc, a prominent player in the financial services industry, has executed a share buyback transaction, purchasing 250,000 of its ordinary shares on the London Stock Exchange. The shares, acquired at a weighted average price of £0.715224, will be held in Treasury, impacting the total voting rights in the company, which now stands at 539,670,465. This move is part of Jupiter’s ongoing share buyback programme, reflecting its strategic financial management and potentially enhancing shareholder value.

More about Jupiter Fund Management Plc

YTD Price Performance: -16.72%

Average Trading Volume: 1,379,745

Technical Sentiment Signal: Buy

Current Market Cap: £367.1M

For detailed information about JUP stock, go to TipRanks’ Stock Analysis page.

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