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Ninety One Announces Share Acquisitions by Key Personnel

Story Highlights
  • Ninety One is a dual-listed asset management firm in South Africa and the UK.
  • Key personnel at Ninety One acquired shares using dividends, enhancing stakeholder confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ninety One Announces Share Acquisitions by Key Personnel

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The latest update is out from Ninety One ( (GB:N91) ).

Ninety One has announced transactions involving the acquisition of ordinary shares by its directors and company secretaries using cash dividends from employee shares under the company’s Share Incentive Plan. This notification, required under market regulations, highlights the ongoing engagement of key personnel in the company’s financial activities, potentially reinforcing stakeholder confidence in its governance and operational transparency.

The most recent analyst rating on (GB:N91) stock is a Sell with a £1.25 price target. To see the full list of analyst forecasts on Ninety One stock, see the GB:N91 Stock Forecast page.

Spark’s Take on GB:N91 Stock

According to Spark, TipRanks’ AI Analyst, GB:N91 is a Outperform.

Ninety One’s overall score is driven by strong financial performance and strategic corporate events. While technical indicators highlight potential short-term corrections due to overbought conditions, the company’s low valuation metrics and high dividend yield present attractive long-term investment opportunities. Recent corporate activities, including acquisitions and share repurchases, further strengthen its market position.

To see Spark’s full report on GB:N91 stock, click here.

More about Ninety One

Ninety One is a dual-listed asset management company incorporated in both South Africa and the United Kingdom. It primarily focuses on investment management services, offering a range of financial products to a global client base. The company is listed on the Johannesburg Stock Exchange and the London Stock Exchange.

Average Trading Volume: 909,833

Technical Sentiment Signal: Buy

Current Market Cap: £3.33B

For a thorough assessment of N91 stock, go to TipRanks’ Stock Analysis page.

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