British Smaller Companies VCT2 Buys Back Shares and Updates Voting Rights

British Smaller Companies VCT2 ( (GB:BSC) ) just unveiled an update.

British Smaller Companies VCT2 plc has undertaken a share buyback, repurchasing 2,683,181 ordinary shares, equivalent to 0.81% of its pre-transaction voting rights, at 51.71 pence per share, with the shares to be held in treasury. Following the buyback and reflecting a 1.50 pence per share dividend paid at the end of October, the company’s adjusted last reported net asset value stands at 53.90 pence per share, and its issued share capital now comprises 327,977,427 voting shares, a figure investors can use to assess disclosure thresholds under FCA transparency rules.

More about British Smaller Companies VCT2

British Smaller Companies VCT2 plc is a UK-listed venture capital trust that invests in a portfolio of smaller, growth-oriented British businesses, providing investors with exposure to the UK smaller companies sector while aiming to deliver income and capital returns through a managed, diversified investment strategy.

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Technical Sentiment Signal: Strong Buy

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