Member Info for pastabake

They are all shares acquisition. Their buybacks are offsetting acquisition. Also look at their January 2026 update and today's. All funds are growing except sustainable and innovation from memory.

Wait for jupiter's report next week. Should give us an idea.

Probably not as a 2 billion company but definitely worth at least 300++ mil company? I think when markets are sidelines, managers would be worth it.

I like the volume.

Steviewonder77, let's see if your theory on if there was a selling pressure then the buyback be stronger? There is a limit to buyback that it is limited to 25% average daily volume and volume has been good recently.

All is now on eyes on results day next week which will determine this company's valuation if DB is a wally or brainy. This company's stock is towards illiquid and high beta so maybe big tree shake for results day?

A few more days to go!

Next week's Wednesday is 9 months update.

I am with the opinion of outflows ebbing or ebbed but I guess time will tell.

Steviewonder77. I am with you on this. I am hoping shareholders won't get burned by hoping for a low ball buyout. Evelyn with 64.5bil aum is already worth 2.5bil. Jupiter, 50bil aum is worth 900mil. Surely liontrust is worth at least a fiver in my opinion. Just if buyers think it so is another thing.

Do investors really want LIO to be bought out? Wouldn't they just pay a little premium at these levels? Is it worth it for investors of this company?

Of course, steviewonder77, it makes good articles

Maybe because you make no sense?

Share buyback programme

As at 30 September 2025 the Company had surplus capital after foreseeable dividends of over £30.3 million (as set out in note 1d below). In accordance with our new Capital Allocation Policy and the Board's belief that Company's shares are significantly undervalued, the Company will initiate a share buyback programme with an aggregate value of up to £10 million, to be phased over the period to 30 June 2026. The shares purchased by the Company will be cancelled.

-------------------------------

steviewonder77, it's silly to just buy back when SP starts to fall especially buying back at 250p. Sounds like nonsense to me. Buybacks have objectives. Here, they want to cancel shares so it makes sense to keep buying when it's cheap, more sense to keep buying each day at this levels. Also it provides liquidity.

Steviewonder77, isn't buyback supposed to return capital to shareholders, increase company's value and earnings as well as dividends amongst all others? As it is, there is nothing to defend here. If they are defending then I am afraid there are more issues to be concerned about. If they were defending then it is implying 250p is what the company's worth. Surely it is worth more than that. Besides they have until Summer 2026 to spend that £10mil. Why not be like other companies where they keep buying each day, drip drip drip. Why just stopped unless something's changed, or is this form of buybacks, buy when you feel like it; something that is out of the norm?

How come so lousy buyback of 350+ shares on the 18th December 2025? Isn't that puny?

How come there's no buyback news since Thursday's 11th December 2025?

The profits increase, the dividend increase and the yield has been increasing for years but the share price doesn't move to much.

Why not £4 or £5 a share and lower yield ?

------------

Aangus1, if stock price is stagnant while other metrics have gained, why won't this company be bought by someone like Blackrock or merge with Prudential? Won't this company be a synergy?

> After briefly glancing at their 'financials' for the last few years I too saw aspects that might make certain interested parties think twice

Maybe that's the defense strategy?

92p please

I find Ocado interesting. Many tech is good in theory but bad in practice. Ocado is both practice and theory. It isn't an easy feat.

Seems to me someone has been trading these shares with knowledge of the offer.

That's all wrong. All shareholders should have the same information. At the same time. All have the same rights.

-----------

How come no class action or legal on this?