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Chrysalis Investments Limited ( (GB:CHRY) ) has shared an update.
Chrysalis Investments Limited has executed a share buyback, purchasing 250,000 ordinary shares at a weighted average price of £1.225225, as part of its ongoing share buyback programme. This transaction increases the company’s treasury holdings to 87,650,876 shares, while the total number of shares in issue, excluding treasury shares, stands at 507,499,538. This move is likely aimed at enhancing shareholder value and optimizing the company’s capital structure.
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 as an alternative investment fund, focusing on providing investment opportunities through its appointed manager, G10 Capital Limited, which is part of the IQEQ Group. The company is regulated by the Financial Conduct Authority and is involved in managing a diverse portfolio to offer potential returns to its investors.
Average Trading Volume: 1,669,124
Technical Sentiment Signal: Buy
Learn more about CHRY stock on TipRanks’ Stock Analysis page.