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Quilter ( (GB:QLT) ) has provided an announcement.
Quilter plc has continued its share buyback programme with the repurchase of 163,934 ordinary shares on the London Stock Exchange and 36,938 shares on the Johannesburg Stock Exchange on 10 April 2026, all of which it intends to cancel. Since 4 March 2026, the group has acquired over 8.1 million shares in London and 2.6 million in Johannesburg, reducing its share count to 1,393,355,494 in issue with none held in treasury, a capital management move that may enhance earnings per share and signal confidence in its long-term prospects.
The latest tranche of buybacks cost approximately £14.4 million in London and ZAR 103.7 million in Johannesburg, underscoring Quilter’s commitment to returning capital to shareholders across its two primary listing venues. By shrinking the equity base through cancellations rather than treasury holdings, the company is tightening its capital structure, which could support shareholder value and influence its market valuation in both the UK and South African markets.
The most recent analyst rating on (GB:QLT) stock is a Hold with a £170.00 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-listed wealth management group focused on providing financial advice, investment platforms, and asset management services to retail and institutional clients. The company is dual-listed in London and Johannesburg, reflecting a strategic presence in both the UK and South African capital markets.
YTD Price Performance: 0.60%
Average Trading Volume: 3,891,766
Technical Sentiment Signal: Strong Buy
Current Market Cap: £2.47B
For detailed information about QLT stock, go to TipRanks’ Stock Analysis page.