Chrysalis Investments Executes Share Buyback Program

Chrysalis Investments Limited ( (GB:CHRY) ) has provided an update.

Chrysalis Investments Limited has executed a share buyback program, repurchasing 250,000 ordinary shares at a weighted average price of £1.20829 per share. These shares will be held in treasury, bringing the total number of treasury shares to 84,150,876. This transaction impacts the total number of ordinary shares in issue, now standing at 510,999,538, excluding treasury shares. This move is part of the company’s strategy to manage its capital structure and could influence shareholder calculations regarding their interests in the company.

The most recent analyst rating on (GB:CHRY) stock is a Buy with a £1.12 price target. To see the full list of analyst forecasts on Chrysalis Investments Limited stock, see the GB:CHRY Stock Forecast page.

Spark’s Take on GB:CHRY Stock

According to Spark, TipRanks’ AI Analyst, GB:CHRY is a Outperform.

Chrysalis Investments Limited demonstrates solid financial stability with a strong equity base and recent improvements in profitability and cash flow. Strategic share buybacks and asset disposals enhance liquidity and shareholder value. However, mixed technical indicators, historical financial volatility, and no dividend yield slightly temper the stock’s overall appeal.

To see Spark’s full report on GB:CHRY stock, click here.

More about Chrysalis Investments Limited

Chrysalis Investments Limited operates in the alternative investment fund industry, focusing on managing and investing in a diverse portfolio of assets. The company is structured as an alternative investment fund (AIF) and is required to have an authorized investment manager, with G10 Capital Limited serving as its appointed AIFM. Chrysalis Investment Partners LLP acts as an appointed representative of G10 Capital Limited.

Average Trading Volume: 1,661,338

Technical Sentiment Signal: Buy

See more insights into CHRY stock on TipRanks’ Stock Analysis page.