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Liontrust Cuts Share Count with Latest Buyback Tranche

Story Highlights
  • Liontrust repurchased and cancelled 47,911 shares under its ongoing buyback programme.
  • Following the buyback, voting share capital is 61,713,694, affecting FCA disclosure calculations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Liontrust Cuts Share Count with Latest Buyback Tranche

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Liontrust Asset Management ( (GB:LIO) ) has provided an update.

Liontrust Asset Management has repurchased 47,911 of its ordinary shares at a volume-weighted average price of 234.49 pence as part of its ongoing share buyback programme and will cancel the stock. Following this transaction, the company’s issued share capital stands at 61,713,694 shares, all carrying voting rights, a figure shareholders must now use when assessing disclosure thresholds under FCA transparency rules.

The latest buyback underscores Liontrust’s continued use of capital management to reduce its share count, which can enhance earnings per share and signal confidence in the business. The updated share count may have implications for major shareholders and investors monitoring their percentage holdings, who must recalculate positions against the new denominator for regulatory reporting.

The most recent analyst rating on (GB:LIO) stock is a Hold with a £249.00 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 UK-based fund management group focused on managing a range of investment funds for institutional and retail clients. The company operates in the asset management industry, offering actively managed portfolios and strategies aimed at delivering long-term returns across equity and multi-asset markets.

Average Trading Volume: 343,231

Technical Sentiment Signal: Strong Sell

Current Market Cap: £144.6M

Learn more about LIO stock on TipRanks’ Stock Analysis page.

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