UK's Quilter announces $133 million share buyback, beats profit forecast
04/03/2026 07:19
March 2 (Reuters) - British wealth manager Quilter QLT.L announced a 100 million-pound ($133.3 million) share buyback and beat annual pretax profit expectations on Wednesday, as clients increasingly sought financial advice following the UK budget. The UK-based company reported adjusted pretax profit of 207 million pounds for the year ended December 31, 2025, compared with analysts' estimate of 204 million pounds, according to a company-compiled poll. ($1 = 0.7500 pounds) (Reporting by Simone Lobo in Bengaluru; Editing by Sumana Nandy and Harikrishnan Nair) ((Simone.Lobo@thomsonreuters.com, +919920570373))