Ninety One PLC Announces Continued Share Repurchase Program

In a strategic move underscoring its confidence in the company’s future, Ninety One PLC has continued its share repurchase program over the past week. The financial investment management firm, known for its global offerings in equities, fixed income, and multi-asset and alternative investments, has been actively buying back its shares on the London Stock Exchange.

From May 13 to May 15, 2025, Ninety One PLC repurchased a total of 529,994 ordinary shares, each valued at £0.0001, through its broker, Citigroup Global Markets Limited. These shares will be cancelled, effectively reducing the total number of shares in circulation and potentially increasing the value of remaining shares.

Detailed Repurchase Activity:

  • May 13, 2025: Ninety One PLC purchased 181,912 shares at an average price of 158.09 pence per share, with prices ranging from 156.80 to 159.40 pence.
  • May 14, 2025: The company bought 173,082 shares at an average price of 158.96 pence, with the highest and lowest prices being 160.10 and 157.80 pence, respectively.
  • May 15, 2025: Ninety One PLC acquired 175,000 shares at an average price of 159.78 pence, with the highest and lowest prices at 161.10 and 158.00 pence.

Financial Context:

As of May 13, 2025, Ninety One PLC’s shares closed at 158.9 pence, reflecting a significant recovery from the 52-week low of 113.2 pence on April 6, 2025. The company’s market capitalization stands at approximately £93.2 billion, with a price-to-earnings ratio of 8.81, indicating a potentially attractive valuation for investors.

Strategic Implications:

The share repurchase program is a clear signal of Ninety One PLC’s belief in its intrinsic value and future growth prospects. By reducing the number of shares outstanding, the company aims to enhance shareholder value and demonstrate confidence in its financial health and strategic direction.

Looking Ahead:

With a robust market presence and a diversified investment portfolio, Ninety One PLC is well-positioned to capitalize on global market opportunities. Investors and market analysts will be closely monitoring the company’s performance and strategic initiatives as it continues to navigate the dynamic financial landscape.

For further insights and updates on Ninety One PLC, stakeholders are encouraged to follow the company’s announcements and financial reports.