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Ninety One Cancels Newly Repurchased Shares in Ongoing Buyback

Story Highlights
  • Ninety One repurchased 21,813 London-listed shares for cancellation under its ongoing buyback programme.
  • The latest share repurchase supports capital efficiency and signals continued confidence in the firm’s valuation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ninety One Cancels Newly Repurchased Shares in Ongoing Buyback

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

Ninety One has continued its capital management programme with the repurchase of 21,813 ordinary shares on 24 March 2026 on the London Stock Exchange, paying an average price of 219.31 pence per share. The shares, bought through broker Citigroup Global Markets, will be cancelled as part of the buyback that began in March 2025, incrementally reducing the company’s share count and potentially enhancing earnings per share and capital efficiency over time.

The transaction underscores Ninety One’s ongoing commitment to returning capital to shareholders alongside its core asset management activities. While modest in scale relative to the group’s overall market capitalisation, the latest repurchase signals continued confidence in the firm’s valuation and balance sheet and supports shareholder value through a more efficient capital structure.

The most recent analyst rating on (GB:N91) stock is a Hold with a £247.00 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, offering a range of active investment strategies to a global client base. The firm operates and invests worldwide and is dual-listed on the London Stock Exchange and the Johannesburg Stock Exchange, reflecting its positioning as an international asset management business.

Average Trading Volume: 726,681

Technical Sentiment Signal: Buy

Current Market Cap: £4.08B

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

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