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Quilter Continues Dual-Market Share Buyback, Cancels Repurchased Stock

Story Highlights
  • Quilter has bought back and will cancel over 1.6 million shares across London and Johannesburg.
  • Ongoing repurchases since March cut the share base, highlighting capital return focus.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Quilter Continues Dual-Market Share Buyback, Cancels Repurchased Stock

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An announcement from Quilter ( (GB:QLT) ) is now available.

Quilter plc has continued its share buyback programme, purchasing a total of 1,655,272 ordinary shares across the London and Johannesburg stock exchanges between 27 April and 1 May 2026, at varying prices in both sterling and rand. The company intends to cancel all of these shares, reducing its share count and potentially enhancing earnings per share and capital efficiency for investors.

Since 4 March 2026, Quilter has repurchased 11,924,524 shares in London at a total cost of about £21.35 million and 3,189,227 shares in Johannesburg at a cost of approximately ZAR 126.98 million, leaving 1,388,991,747 ordinary shares in issue with none held in treasury. This sustained buyback activity underscores management’s continued focus on returning capital to shareholders and may influence liquidity and valuation in both its primary listing markets.

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 focused on providing financial advice, investment platforms, and asset management services to retail and institutional clients. Listed in both London and Johannesburg, the company targets investors seeking long-term savings and retirement solutions in the UK and South African markets.

Average Trading Volume: 3,950,785

Technical Sentiment Signal: Strong Buy

Current Market Cap: £2.45B

For detailed information about QLT stock, go to TipRanks’ Stock Analysis page.

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