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Quilter Advances Dual-Listed Share Buyback, Cancels Repurchased Stock

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Quilter Advances Dual-Listed Share Buyback, Cancels Repurchased Stock

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Quilter ( (GB:QLT) ) has shared an update.

Quilter plc has continued its share buyback programme, repurchasing ordinary shares on both the London Stock Exchange and the Johannesburg Stock Exchange between 23 and 26 March 2026. The company bought roughly 2.3 million shares across the two venues during this period at varying prices in sterling and rand.

Since 4 March 2026, Quilter has acquired more than 9.5 million shares in total, spending about £13 million in London and the rand equivalent of roughly £3.8 million in Johannesburg. The company intends to cancel all repurchased shares, reducing its share count to 1,394,586,531 and signalling an ongoing effort to return capital to shareholders and enhance earnings per share.

The buyback activity, executed via Goldman Sachs International, underscores Quilter’s active capital management and confidence in its balance sheet. With no ordinary shares held in treasury after these transactions, existing shareholders gain a proportionally larger stake in the business, which may support the stock’s valuation over time.

The most recent analyst rating on (GB:QLT) stock is a Buy with a £212.00 price target. To see the full list of analyst forecasts on Quilter stock, see the GB:QLT Stock Forecast page.

Spark’s Take on QLT Stock

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

The score is driven primarily by solid fundamentals (cash generation and low leverage) and a strong, confident earnings-call outlook with robust flow momentum and shareholder-return commitments. Offsetting factors are weaker near-term technicals and only moderate valuation support, alongside lingering profitability volatility and a guided step-up in costs.

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

More about Quilter

Quilter plc is a UK-based wealth management group providing investment solutions and financial advice services. The company focuses on serving retail and institutional clients through platforms and products listed on both the London Stock Exchange and the Johannesburg Stock Exchange.

YTD Price Performance: -6.07%

Average Trading Volume: 3,391,394

Technical Sentiment Signal: Buy

Current Market Cap: £2.31B

See more data about QLT stock on TipRanks’ Stock Analysis page.

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