Aston Martin shares jump 10% as Canadian billionaire Lawrence Stroll invests more cash

Shares of Aston Martin surged 13% after announcing plans to raise over £125 million through funding from Chairman Lawrence Stroll’s investment vehicle and selling a minority stake in the Formula One racing team. Yew Tree Consortium, led by Stroll, will increase its stake to roughly 33% from 27.7%, with the company also intending to sell its minority investment in the Aston Martin Aramco Formula One Team to raise at least £74 million. The move aims to strengthen the balance sheet and provide support for future product innovation and business transformation, boosting confidence in the company’s sustainable profitability.

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