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Calculus VCT Cuts Share Capital with Buyback and Cancellation

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Calculus VCT ( (GB:CLC) ) has issued an announcement.

Calculus VCT PLC has carried out a share buyback, purchasing 722,000 ordinary shares of 1p each at 52.44 pence per share for cancellation, as part of its capital management activities. Following the cancellation, the company’s issued share capital stands at 97,520,014 ordinary shares, which now represents the total voting rights and will serve as the reference point for shareholders’ disclosure obligations under FCA transparency rules.

More about Calculus VCT

Calculus VCT PLC is a UK-listed venture capital trust that provides investors with exposure to a portfolio of unquoted and growth-stage companies, offering tax-efficient investment in line with UK VCT regulations. Its shares are traded on the London market, and it manages its capital structure through periodic share buybacks and cancellations.

Average Trading Volume: 21,342

Technical Sentiment Signal: Strong Buy

See more insights into CLC stock on TipRanks’ Stock Analysis page.

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