Heavyweights FW Thorpe and Jupiter Fund Management Scoop Up Their Own Shares in Strategic Buyback Moves

In intriguing development of events, FW Thorpe Plc and Jupiter Fund Management PLC recently ushered in a share buyback scheme. As part of the strategic move, both companies retrospectively purchased their own ordinary shares in significant numbers, the details of which were shared in separate announcements.

Similarly, Jupiter Fund Management PLC, a well-reputed fund management company, also joined the share buyback league. On 25th April 2025, Jupiter acquired 250,000 of its own ordinary shares at prices ranging between £0.702-£0.708 per share. Retrospective to this transaction, Jupiter now boasts a holding of 8,909,806 treasury shares and a total count of 536,069,704 shares excluding the ones in treasury. This gives them a total voting rights number of 536,069,704, a figure that will serve as the basis for shareholders who may need to notify their interest in the company’s shares.

These share buyback operations embraced by FW Thorpe and Jupiter Fund Management illustrate a forward-thinking approach by the top brass of these companies. It underscores the organisations’ proactive strategy to better manage their share capital and provide value to their shareholders.