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Liontrust Asset Management ( (GB:LIO) ) has issued an update.
Liontrust Asset Management has executed a share buyback, purchasing 40,000 ordinary shares at an average price of 440.9 pence per share, as part of its previously announced program. This action reduces the company’s share capital, potentially increasing the value of remaining shares and reflecting strong cash flow or strategic repositioning, impacting shareholders’ calculations under FCA rules.
More about Liontrust Asset Management
Liontrust Asset Management Plc operates in the financial services industry, focusing on asset management. The company provides investment management services and has a market focus on maintaining and growing its portfolio through strategic financial operations.
YTD Price Performance: -9.14%
Average Trading Volume: 377,411
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £285.3M
Learn more about LIO stock on TipRanks’ Stock Analysis page.
