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Rathbones Group PLC - London-based investment and wealth manager - Ends share buyback after buying 939,315 shares at an average price of £16.22 per share for £15.2 million in total. When launching the buyback in June, Rathbones set £20 million as the maximum amount. However, Rathbones on Monday says the buyback has been concluded because the shareholding of Investec PLC and Ltd has reached the level agreed when Rathbones bought Investec’s UK wealth business in 2023 in an all-share deal. This is a 29.90% voting interest and 41.25% economic interest. Rathbones now has 90.5 million shares for a £1.50 billion market capitalisation. Current stock price: 1,654.00 pence 12-month change: down 9.7% Copyright 2026 Alliance News Ltd. All Rights Reserved.
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