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Impax Asset Management ( (GB:IPX) ) has provided an announcement.
Impax Asset Management Group plc has executed a share buyback program, purchasing 50,000 ordinary shares at an average price of 190.27 GBp per share. This transaction is part of a larger buyback initiative commenced in May 2025, with the company having acquired a total of 1,919,423 shares to date. The purchased shares are intended to be canceled, reducing the total number of shares in circulation to 130,677,131. This move is likely aimed at enhancing shareholder value and optimizing the company’s capital structure.
The most recent analyst rating on (GB:IPX) stock is a Buy with a £211.00 price target. To see the full list of analyst forecasts on Impax Asset Management stock, see the GB:IPX Stock Forecast page.
Spark’s Take on GB:IPX Stock
According to Spark, TipRanks’ AI Analyst, GB:IPX is a Outperform.
Impax Asset Management’s strong financial performance and attractive valuation are the primary drivers of its stock score. While technical indicators suggest some caution due to bearish momentum, the company’s robust cash flow and undervaluation present significant investment potential.
To see Spark’s full report on GB:IPX stock, click here.
More about Impax Asset Management
Impax Asset Management Group plc operates in the financial services industry, focusing on asset management. The company specializes in sustainable investment strategies, offering products and services that cater to environmentally-conscious investors.
Average Trading Volume: 318,234
Technical Sentiment Signal: Sell
Current Market Cap: £234.9M
For detailed information about IPX stock, go to TipRanks’ Stock Analysis page.