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Liontrust Asset Management ( (GB:LIO) ) has issued an announcement.
Liontrust Asset Management PLC announced the purchase of 70,000 of its own ordinary shares as part of its share buyback program. The shares were acquired at an average price of 473.57 pence each and will be canceled, influencing the total share capital and voting rights. This strategic move is aimed at optimizing capital structure and enhancing shareholder value.
More about Liontrust Asset Management
Liontrust Asset Management is a company operating in the financial services industry, specializing in asset management. The company focuses on providing investment products and services to a diverse client base, enhancing its presence in the asset management market.
YTD Price Performance: -12.17%
Average Trading Volume: 543,738
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £311.1M
For a thorough assessment of LIO stock, go to TipRanks’ Stock Analysis page.
