Chrysalis preps for £100m share buyback with new loan
It took out a £70m loan to improve its ailing share price discount
It took out a £70m loan to improve its ailing share price discount
St. James’s Place buybacks to complete by end of year
Trust has used 70% of its existing buyback authority since 23 January this year
The trust is spending £40m a week on buybacks, following £311 payout to halve ‘uncomfortable’ stake held by Elliott
US asset manager also announces deal for NBK Capital Partners
Record-high share buybacks have failed to stem widening discounts
Analysts react to the minimum £1bn programme as SMT looks to narrow discount
Almost half of the UK equity market has bought back shares over the past 12 months
Dividend payouts are difficult to put an end to once they have started, market commentators warn
Money continues to flow out of the UK equity income sector, yet dividend growth is on the up
Share price discounts remained above 10% throughout 2023, according to AIC’s year in review
Shareholders are predicted to receive £78.7bn in income for the year