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An update from Jupiter Fund Management Plc ( (GB:JUP) ) is now available.
Jupiter Fund Management Plc has executed a share buyback program, purchasing 80,000 of its ordinary shares on the London Stock Exchange at an average price of £1.273208 per share. This move is part of a strategy to manage its capital structure effectively, holding the purchased shares in Treasury, which now totals 16,293,382 shares. The total voting rights in the company stand at 528,686,128, providing shareholders with a clear denominator for interest calculations under FCA rules.
The most recent analyst rating on (GB:JUP) stock is a Hold with a £0.77 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 Outperform.
Jupiter Fund Management Plc’s overall stock score is driven by strong technical momentum and strategic corporate actions, such as share buybacks and acquisitions, which enhance shareholder value. While financial performance shows some pressure from declining revenue, the company’s low leverage and strong equity position are positives. The valuation is reasonable, supported by a solid dividend yield.
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 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, long-term investment performance.
Average Trading Volume: 1,318,205
Technical Sentiment Signal: Buy
Current Market Cap: £645.5M
Find detailed analytics on JUP stock on TipRanks’ Stock Analysis page.