Quilter PLC Ordinary Shares

Quilter has appointed Merrill Lynch International to conduct the third and final tranche of its share buyback programme of up to £30m; the purchase period runs from now until 30 November 2026 and may, in certain circumstances, be extended to 17 December 2026. The overall programme was launched on 4 March 2026 with an amount of up to £100m; buybacks totalling £70m have already been completed (£55.3m on the London Stock Exchange, £14.7m in Johannesburg). A total of 37.6m shares have been acquired and cancelled at an average price of 186 pence. Purchases in the third tranche will be made on European trading venues including London and Johannesburg, in accordance with the Listing Rules and market abuse rules, and all repurchased shares will be cancelled. » More on de.investing.com

Quilter recorded record core net inflows of £6bn in the first half (up 32%), revenue of £379m (up 12%) and adjusted profit of £112m (up 12%); adjusted diluted earnings per share rose 13% to £0.061. Operating margin remained at 30% despite higher costs, the interim dividend was raised 5% to £0.021 and the share buyback programme is about 70% complete. The stock fell about 4.4% early on, with investors blaming rising costs, lower interest income and ongoing investments. Quilter confirms a constructive outlook, expects annual costs of £530–540m, forecasts H2 profit slightly above H1 and targets long-term net inflows of over 45% and operating margins in the mid-30s percentage points. » More on de.investing.com

Quilter reported core net inflows of £3.1bn for the first quarter of 2026 and an increase in assets under management to £141.9bn, after which the share rose 4.5%. Inflows in the affluent segment amounted to £2.9bn and were 50% above consensus expectations, and the high-net-worth segment also beat forecasts. Despite adverse market movements during the quarter, the strong inflows and productivity gains support the prospect of upward revisions to earnings estimates. » More on de.investing.com