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Liontrust Executes Share Buyback to Optimize Capital

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Liontrust Executes Share Buyback to Optimize Capital

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Liontrust Asset Management ( (GB:LIO) ) just unveiled an update.

Liontrust Asset Management Plc has executed a share buyback program, purchasing 39,755 of its ordinary shares at an average price of 252.80 pence per share. This move is part of the company’s strategy to manage its share capital effectively, potentially enhancing shareholder value by reducing the number of shares in circulation.

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 Plc is an independent fund management group that operates in the financial services industry. The company primarily focuses on managing funds and investments, catering to a diverse range of clients.

Average Trading Volume: 399,708

Technical Sentiment Signal: Sell

Current Market Cap: £160.1M

For detailed information about LIO stock, go to TipRanks’ Stock Analysis page.

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