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Liontrust Executes Share Buyback, Reducing Issued Capital

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Liontrust Executes Share Buyback, Reducing Issued Capital

TipRanks Cyber Monday Sale

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

Liontrust Asset Management has announced the purchase of 9,856 of its own ordinary shares at an average price of 254.06 pence per share as part of its Share Buyback programme. This transaction, which follows regulatory guidelines, reduces the company’s total issued share capital, potentially impacting shareholder voting rights and interest notifications.

The most recent analyst rating on (GB:LIO) stock is a Hold with a £280.00 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 primarily influenced by its strong valuation, with a high dividend yield and reasonable P/E ratio. However, the bearish technical indicators and challenges in financial performance, particularly in revenue and cash flow trends, weigh down the score.

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 that operates in the financial services industry. The company focuses on managing investment funds and providing asset management services.

Average Trading Volume: 422,082

Technical Sentiment Signal: Strong Sell

Current Market Cap: £159.5M

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

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