Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Impax Asset Management ( (GB:IPX) ) has provided an announcement.
Impax Asset Management Group plc has announced the purchase of 100,000 of its own ordinary shares as part of a buyback program initiated in May 2025. This transaction, executed through Peel Hunt LLP, is part of a broader strategy to manage the company’s capital structure, with the purchased shares set to be canceled. The buyback program reflects Impax’s commitment to optimizing shareholder value and maintaining a robust financial position, with implications for its market presence and stakeholder interests.
The most recent analyst rating on (GB:IPX) stock is a Buy with a £204.00 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 score. The company’s robust cash flow and low P/E ratio suggest potential for growth and income. Technical indicators show mixed signals, with some bearish trends but potential for reversal. The absence of earnings call data and corporate events does not impact the score.
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 align with environmental, social, and governance (ESG) criteria.
Average Trading Volume: 332,709
Technical Sentiment Signal: Strong Sell
Current Market Cap: £227.7M
Learn more about IPX stock on TipRanks’ Stock Analysis page.