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Impax Asset Management ( (GB:IPX) ) has issued an update.
Impax Asset Management Group plc has announced the purchase of 50,000 of its 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 share capital and enhance shareholder value. The company intends to cancel the purchased shares, which will impact the total number of shares in issue, now standing at 130,302,426. This move reflects Impax’s ongoing commitment to optimizing its capital structure and could influence shareholder decisions regarding their stakes in the company.
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 is known for its investment strategies that emphasize environmental sustainability and resource efficiency, catering to a market that values responsible investment practices.
Average Trading Volume: 310,804
Technical Sentiment Signal: Sell
Current Market Cap: £246.5M
See more data about IPX stock on TipRanks’ Stock Analysis page.