Foresight Group Announces Share Buyback Programme
The investment manager is launching a £50 million share buyback programme over the next three years.
The investment manager is launching a £50 million share buyback programme over the next three years.
The asset management firm has appointed Berenberg and Jefferies as its new joint corporate brokers.
The asset manager reported solid growth in assets under management and funds under management, but also faced some headwinds in certain parts of its business.
The Chief Financial Officer of Foresight Group has increased his personal shareholding in the company through a transaction by a closely associated person.
The infrastructure and private equity manager announces a director has purchased a small number of shares in the company.
The investment manager extends its share buyback programme by £2 million, funded by the sale of treasury shares. The move aims to optimize cash resources, but no new financial details are provided.
The asset manager reports a minor decrease in its stake in the financial services firm.
The asset manager announces that its Executive Chairman and Chief Financial Officer, along with their closely associated persons, have purchased a total of 486,936 ordinary shares in the company.
The investment manager has expanded its assets under management by over £800 million through strategic acquisitions and fundraising, diversifying its product offerings and strengthening its position in key markets.
The investment manager reported a slight decline in assets under management and funds under management during the quarter, amid foreign exchange headwinds and challenges in institutional fundraising.