24 January 2024 - trading update
We suggested that shares in Abrdn could be due a bounce back in September when the share price was 157.35p. The tip turned out to be very solid with the shares moving up to 184p in mid-December for a gain of 17% in just three months. The shares have given up a bit of ground since then but today's trading statement that is outlining cost savings of £150m per annum by the end of 2025 may help to reassure investors to some degree. Some 80% of the cost savings will come in . . .
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