The latest announcement is out from Jupiter Fund Management Plc ( (GB:JUP) ).
Jupiter Fund Management Plc has executed a share buyback transaction, purchasing 250,000 of its ordinary shares on the London Stock Exchange as part of a previously announced buyback program. The shares will be held in Treasury, adjusting the total voting rights to 539,420,465, which stakeholders can use for regulatory reporting purposes. 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, focusing on asset management. The company provides investment management services to individual and institutional investors, with a market focus on delivering long-term growth through a range of investment strategies.
YTD Price Performance: -17.07%
Average Trading Volume: 1,389,429
Technical Sentiment Signal: Strong Buy
Current Market Cap: £373.6M
Learn more about JUP stock on TipRanks’ Stock Analysis page.