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Calculus VCT Reduces Share Capital Through Buyback of 700,804 Shares

Story Highlights
  • Calculus VCT bought back 700,804 ordinary shares at 53.51p each for cancellation.
  • The buyback reduces the share count to 88.7 million, slightly boosting remaining holders’ stakes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Calculus VCT Reduces Share Capital Through Buyback of 700,804 Shares

Meet Samuel – Your Personal Investing Prophet

An update from Calculus VCT ( (GB:CLC) ) is now available.

Calculus VCT PLC has carried out a share buyback, purchasing 700,804 ordinary shares of 1p each at a price of 53.51 pence per share for cancellation. Following this transaction, the company’s issued share capital has been reduced to 88,734,480 ordinary shares, a move that marginally increases the ownership percentage of remaining shareholders and reflects ongoing capital management by the venture capital trust.

More about Calculus VCT

Calculus VCT PLC is a UK-listed venture capital trust that invests in a portfolio of smaller, growth-focused companies, providing investors with exposure to early-stage and scaling businesses while offering tax-efficient access to the venture capital asset class.

Average Trading Volume: 26,414

Technical Sentiment Signal: Strong Buy

See more data about CLC stock on TipRanks’ Stock Analysis page.

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