Liontrust Cancels 20,781 Shares Under Ongoing Buyback Programme

The latest announcement is out from Liontrust Asset Management ( (GB:LIO) ).

Liontrust Asset Management has repurchased 20,781 of its ordinary shares at a volume-weighted average price of 253.41 pence as part of its ongoing share buyback programme, with the acquired shares to be cancelled. Following this transaction, Liontrust’s issued share capital now stands at 61,593,284 shares, all carrying voting rights, a figure shareholders can use to assess disclosure thresholds under FCA transparency rules.

The most recent analyst rating on (GB:LIO) stock is a Sell with a £235.00 price target. To see the full list of analyst forecasts on Liontrust Asset Management stock, see the GB:LIO Stock Forecast page.

Spark’s Take on LIO Stock

According to Spark, TipRanks’ AI Analyst, LIO is a Neutral.

Liontrust Asset Management’s overall stock score is driven by its strong valuation metrics, including a low P/E ratio and high dividend yield, which suggest potential undervaluation. However, bearish technical indicators and challenges in financial performance, such as declining revenue and free cash flow, weigh on the score. The company’s strategic corporate actions, like share buybacks, provide some positive outlook but are not included in the weighted calculation.

To see Spark’s full report on LIO stock, click here.

More about Liontrust Asset Management

Liontrust Asset Management is an independent fund management group based in the UK. The company focuses on managing investment funds for a range of clients, positioning itself within the asset management industry and competing in the broader market for actively managed investment products.

Average Trading Volume: 264,247

Technical Sentiment Signal: Sell

Current Market Cap: £150.3M

For an in-depth examination of LIO stock, go to TipRanks’ Overview page.