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Liontrust Cancels 27,336 Shares Under Ongoing Buyback Programme

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Liontrust Cancels 27,336 Shares Under Ongoing Buyback Programme

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Liontrust Asset Management ( (GB:LIO) ) has shared an announcement.

Liontrust Asset Management has bought back 27,336 of its own ordinary shares at a volume-weighted average price of 264.05 pence per share under its ongoing share buyback programme, with the repurchased shares to be cancelled. Following this latest transaction, Liontrust’s issued share capital stands at 63,431,769 shares, all of which carry voting rights, a change that slightly reduces the company’s share count and may marginally enhance earnings per share while providing an updated reference point for investors’ disclosure calculations under UK transparency rules.

The most recent analyst rating on (GB:LIO) stock is a Hold with a £274.00 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 GB:LIO Stock

According to Spark, TipRanks’ AI Analyst, GB: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 GB:LIO stock, click here.

More about Liontrust Asset Management

Liontrust Asset Management is an independent UK-based fund management group that specialises in managing investment funds for private and institutional investors. The company focuses on active portfolio management across a range of asset classes, aiming to deliver long-term returns through a disciplined and transparent investment process.

Average Trading Volume: 334,705

Technical Sentiment Signal: Strong Sell

Current Market Cap: £165.2M

For a thorough assessment of LIO stock, go to TipRanks’ Stock Analysis page.

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