Ninety One Cancels 150,000 Shares in Ongoing Buyback Programme

An announcement from Ninety One ( (GB:N91) ) is now available.

Ninety One plc, the London- and Johannesburg-listed investment manager, has repurchased 150,000 of its ordinary shares on the London Stock Exchange at an average price of 218.34 pence per share. The shares, bought through broker Citigroup Global Markets, will be cancelled as part of the company’s ongoing repurchase programme launched in March 2025.

The latest buyback tranche reduces Ninety One’s share count and may enhance earnings per share, signalling continued confidence in the firm’s valuation and capital position. The move also reflects a disciplined capital allocation approach that can support shareholder returns, while maintaining the company’s established presence across both UK and South African markets.

The most recent analyst rating on (GB:N91) stock is a Hold with a £209.00 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 N91 Stock

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

Ninety One’s overall stock score is driven by its strong financial performance and attractive valuation, supported by positive earnings call insights and strategic corporate actions. While technical indicators suggest some caution, the company’s robust fundamentals and strategic initiatives position it well for future growth.

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

More about Ninety One

Ninety One is an independent investment manager founded in South Africa in 1991 and now operating and investing globally. The firm offers a range of active investment strategies to a worldwide client base and is dual-listed on the London Stock Exchange and the Johannesburg Stock Exchange, underscoring its international footprint and access to both UK and South African capital markets.

Average Trading Volume: 753,606

Technical Sentiment Signal: Buy

Current Market Cap: £4.06B

See more insights into N91 stock on TipRanks’ Stock Analysis page.