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Liontrust Asset Management ( (GB:LIO) ) has shared an update.
Liontrust Asset Management has announced the purchase of 40,000 of its own shares at an average price of 462.44 pence per share as part of its ongoing share buyback program. This move reflects the company’s strategy to enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing earnings per share and strengthening its market position.
More about Liontrust Asset Management
Liontrust Asset Management PLC is a financial services company operating within the asset management industry. It specializes in managing a variety of investment funds and portfolios, focusing on strategies that deliver long-term growth for its clients.
YTD Price Performance: -2.94%
Average Trading Volume: 558,785
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £301.6M
For an in-depth examination of LIO stock, go to TipRanks’ Stock Analysis page.