Liontrust Asset Management (GB:LIO) has released an update.
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Liontrust Asset Management has announced a share buyback program, aiming to repurchase up to £5 million worth of its ordinary shares. The buyback will be managed by Singer Capital Markets and is set to run until March 31, 2025, with repurchased shares being cancelled to reduce the company’s issued share capital. This move reflects Liontrust’s strategy to optimize its capital structure and potentially enhance shareholder value.
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