British Smaller Companies VCT2 Repurchases Shares, Adjusts NAV

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

British Smaller Companies VCT2 plc has repurchased 1,871,896 of its own ordinary shares at a price of 53.80 pence each, which will be held in treasury. This transaction represents 0.63% of the total voting rights prior to the purchase. The company’s adjusted net asset value per share is now 56.10 pence, following a recent dividend payment. The current issued share capital consists of 297,304,453 ordinary shares with voting rights, and the company holds an additional 30,642,859 shares in treasury. This move may affect shareholder calculations under the FCA’s Disclosure and Transparency Rules.

More about British Smaller Companies VCT2

British Smaller Companies VCT2 plc operates in the financial services industry, focusing on venture capital trust investments. The company primarily invests in smaller UK-based companies, providing them with the necessary capital to grow and expand their operations.

YTD Price Performance: 1.90%

Average Trading Volume: 9,604

Technical Sentiment Signal: Strong Sell

For detailed information about BSC stock, go to TipRanks’ Stock Analysis page.