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Rathbones Group PLC - London-based investment and wealth manager - Starts on Wednesday the £20 million share buyback announced in February with its 2025 results. The buyback will be managed by Merrill Lynch International, and the repurchased shares will be cancelled. Rathbones shares fell 17% on Tuesday after the company warned of a profit hit, saying it has voluntarily halted new inflows from some existing high-risk clients until they ‘meet certain requirements’. It outlined a series of moves after a skilled person review, which followed engagement with the UK Financial Conduct Authority and expects a £60 million profit hit over the next two years. Current stock price: 1,614.95 pence, down 0.3% in London early Wednesday 12-month change: down 2.8% Copyright 2026 Alliance News Ltd. All Rights Reserved.
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