Liontrust Cancels Newly Repurchased Shares, Trimming Share Capital

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

Liontrust Asset Management has continued to execute its share buyback programme by purchasing 15,923 ordinary shares at a volume-weighted average price of 253.24 pence, with the shares to be cancelled. Following this transaction, Liontrust’s issued share capital stands at 62,210,332 shares, all carrying voting rights, a change that marginally enhances existing shareholders’ proportional ownership and may support capital management and earnings per share over time.

The most recent analyst rating on (GB:LIO) stock is a Hold with a £242.00 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 through a range of actively managed strategies. The company operates in the asset management industry, serving institutional and retail investors seeking professional portfolio management and long-term capital growth.

Average Trading Volume: 371,248

Technical Sentiment Signal: Sell

Current Market Cap: £156.1M

See more data about LIO stock on TipRanks’ Stock Analysis page.