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An update from Liontrust Asset Management ( (GB:LIO) ) is now available.
Liontrust Asset Management Plc has announced the purchase of 70,000 of its own ordinary shares as part of its ongoing share buyback program. This move, in compliance with the Market Abuse Regulation, will result in the cancellation of these shares and will adjust the total share capital to 64,605,384 shares. The buyback initiative is aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.
More about Liontrust Asset Management
Liontrust Asset Management Plc is a prominent company in the financial services industry, focusing on asset management. The company is known for providing a range of investment solutions, managing funds across various asset classes, and serving a diverse client base including institutional and retail investors.
YTD Price Performance: -2.94%
Average Trading Volume: 558,785
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £301.6M
Learn more about LIO stock on TipRanks’ Stock Analysis page.
