Jupiter Fund Management Plc ( (GB:JUP) ) has shared an announcement.
Jupiter Fund Management Plc announced the purchase of 250,000 of its own ordinary shares on the London Stock Exchange as part of its share buyback program. The transaction, conducted through Numis Securities Limited, is part of a strategy to manage the company’s capital structure and enhance shareholder value. The shares will be held in Treasury, and the total voting rights in the company now stand at 541,020,465. This move is expected to impact the company’s operations by potentially increasing earnings per share and providing flexibility in capital allocation.
More about Jupiter Fund Management Plc
Jupiter Fund Management Plc operates in the financial services industry, specializing in investment management. The company focuses on providing a range of fund management services to individual and institutional investors, primarily in the UK market.
YTD Price Performance: -12.00%
Average Trading Volume: 1,331,194
Technical Sentiment Signal: Buy
Current Market Cap: £396.1M
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