tiprankstipranks
Advertisement
Advertisement

Ninety One Cancels 150,000 Shares in Ongoing Buyback Programme

Story Highlights
  • Ninety One repurchased and will cancel 150,000 London-listed ordinary shares as part of its ongoing share buyback programme.
  • The buyback, executed through Citi and reported weekly, reduces the share count and may enhance earnings metrics and investor appeal.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ninety One Cancels 150,000 Shares in Ongoing Buyback Programme

Claim 55% Off TipRanks

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

Ninety One has repurchased 150,000 of its ordinary shares on the London Stock Exchange at an average price of 212.62 pence per share, with all shares to be cancelled. The transaction, executed via broker Citigroup Global Markets, forms part of the share buyback programme launched in March 2025 and is intended to be reported to the market on a weekly aggregate basis going forward, signalling ongoing capital management and potential support for shareholder value.

The company emphasised that the buyback activity does not constitute an offer or solicitation for securities in any jurisdiction and will continue under existing regulatory frameworks. By cancelling the repurchased shares, Ninety One reduces its share count, which can enhance earnings per share metrics and may improve its positioning with investors across its dual listings in London and Johannesburg.

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 global investment manager founded in South Africa in 1991. 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, reflecting its focus on international capital markets and cross-border investor reach.

YTD Price Performance: -1.57%

Average Trading Volume: 727,181

Technical Sentiment Signal: Buy

Current Market Cap: £3.9B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1