28th Nov 2024 11:53
Liontrust Asset Management PLC - London-based asset manager offering equity, fixed income, sustainable, multi-asset, and real assets funds - Launches share buyback worth up to GBP5 million. The buyback will be run by Singer Capital Markets Securities Ltd. It will start on Thursday and be completed by March 31. The buyback will be funded from Liontrust's existing cash resources, and all repurchased shares will be cancelled to reduce share capital. Liontrust currently has 64.9 million shares in issue.
Current stock price: 437.50 pence, down 5.7% in London on Thursday
12-month change: down 20%
By Tom Waite, Alliance News editor
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