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Quilter Advances Dual-Listed Share Buyback, Cancels Repurchased Stock

Story Highlights
  • Quilter continues its dual-market share buyback, repurchasing stock in London and Johannesburg for cancellation.
  • Since March 2026, Quilter has bought over 17.7 million shares, cutting its share count to about 1.38 billion in issue.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Quilter Advances Dual-Listed Share Buyback, Cancels Repurchased Stock

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Quilter ( (GB:QLT) ) just unveiled an announcement.

Quilter has continued its share buyback programme, purchasing ordinary shares on both the London Stock Exchange and Johannesburg Stock Exchange through Goldman Sachs International. The company intends to cancel all shares repurchased in these latest transactions, thereby reducing its share count and potentially enhancing earnings per share for remaining investors.

Since early March 2026, Quilter has acquired more than 14.1 million shares in London and about 3.6 million in Johannesburg, at a combined cost in the tens of millions of pounds equivalent. Following these latest buybacks, Quilter reports having just over 1.38 billion ordinary shares in issue and no treasury shares, signaling an ongoing commitment to returning capital to shareholders and managing its capital structure.

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 and investment company listed in both London and Johannesburg. It focuses on providing financial advice, investment solutions, and platform services to retail and institutional clients, with a strategy that includes active capital management through share buybacks.

YTD Price Performance: 0.74%

Average Trading Volume: 4,234,091

Technical Sentiment Signal: Strong Buy

Current Market Cap: £2.41B

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

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