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Liontrust Cancels 9,717 Shares Under Ongoing Buyback Programme

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Liontrust Cancels 9,717 Shares Under Ongoing Buyback Programme

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An announcement from Liontrust Asset Management ( (GB:LIO) ) is now available.

Liontrust Asset Management has repurchased 9,717 of its ordinary shares at a volume-weighted average price of 234.45 pence per share as part of its previously announced share buyback programme, and these shares will be cancelled. Following this transaction, the company’s issued share capital stands at 62,520,739 shares, all carrying voting rights, a change that slightly reduces the share count and can be used by investors to reassess their percentage holdings under UK disclosure and transparency rules.

The most recent analyst rating on (GB:LIO) stock is a Hold with a £247.00 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 fund management group based in the UK, focusing on managing investment funds for clients and operating within the asset and investment management industry.

Average Trading Volume: 384,364

Technical Sentiment Signal: Sell

Current Market Cap: £145.2M

Find detailed analytics on LIO stock on TipRanks’ Stock Analysis page.

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