3i Group share price stays below NAV as buyback takes 38% of plan
3i Group plc edged higher in late London trade on Monday, but the larger price signal was still the discount. At 2,617p at 16:05 BST, the shares were 13.6% below the 3,030p diluted NAV per share reported for March 31 and about 42% under their 52-week high of 4,497p. The FTSE 100 was lower on the day as miners weighed on London shares, with Reuters reporting the blue-chip index down 0.1% by 1037 GMT.