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Quilter ( (GB:QLT) ) just unveiled an announcement.
Quilter has continued its share buyback programme with the repurchase of ordinary shares on both the London Stock Exchange and the Johannesburg Stock Exchange between 20 and 24 April 2026. The company intends to cancel all the shares bought, reducing its share count and potentially enhancing earnings per share and capital efficiency for investors.
On the London market, Quilter acquired shares at prices ranging roughly between £1.79 and £1.91, bringing total LSE repurchases since early March to over 10.2 million shares. On the JSE, it has bought more than 3.1 million shares over the same period, and following these transactions the group has around 1.39 billion ordinary shares in issue and holds no treasury shares.
These buybacks, executed through Goldman Sachs International, signal continued capital return to shareholders and may reflect management’s confidence in the company’s valuation. The dual-exchange activity also underscores Quilter’s commitment to maintaining liquidity and shareholder engagement across its UK and South African investor base.
The most recent analyst rating on (GB:QLT) stock is a Sell with a £1.70 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 focused on providing investment and financial planning services to retail and affluent clients. Listed in both London and Johannesburg, it operates in the savings and investment market, aiming to grow assets under management through advice, platforms, and investment solutions.
YTD Price Performance: 1.97%
Average Trading Volume: 4,035,841
Technical Sentiment Signal: Strong Buy
Current Market Cap: £2.44B
See more insights into QLT stock on TipRanks’ Stock Analysis page.