British Smaller Companies VCT2 Buys Back Shares

British Smaller Companies VCT2 (GB:BSC) has released an update.

British Smaller Companies VCT2 plc has announced the buyback of 1,422,727 of its own ordinary shares, a move that conveys confidence in the company’s value. The repurchased shares, accounting for 0.50% of the voting rights, will be held in treasury, following the reporting of a net asset value of 57.50 pence per ordinary share as of 30 June 2024. Shareholders can use the total issued share capital figure to assess their stake in the company.

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