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LONDON - Chrysalis Investments Limited (LSE:CHRY) has recently reported positive developments in its net asset value (NAV) and share price, as detailed in an update from QuotedData. The investment company has made significant strides in its share buyback program, having repurchased approximately 7.8% of its issued share capital, equating to 46,183,261 shares. This initiative is part of a broader strategy to return value to shareholders, with around £45 million of the £100 million target already achieved.
As of December 2024, Chrysalis Investments held a total liquidity position of approximately £144 million, including available cash and credit. This financial strength has supported the company’s ability to continue its share buyback efforts.
The company’s portfolio performance has been robust, with all portfolio companies either increasing profits or narrowing losses. This includes the highly anticipated initial public offering (IPO) of Klarna, which is expected to occur later this year.
Despite the positive momentum, Chrysalis Investments remains focused on narrowing the discount to NAV, which has improved compared to the previous year but still presents an opportunity for further enhancement.
The information in this article is based on a press release statement from QuotedData and is intended for informational purposes only. It does not serve as investment advice or an encouragement to deal in the securities mentioned.
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