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Doric Nimrod Air Three to Redeem Shares Following Aircraft Sales

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Doric Nimrod Air Three to Redeem Shares Following Aircraft Sales

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Doric Nimrod Air Three ( (GB:DNA3) ) has shared an announcement.

Doric Nimrod Air Three Limited has completed the sale of its Airbus A380-861 aircraft, with plans to distribute the proceeds to shareholders by the end of January 2026. This distribution, expected to be around 64 pence per share, is contingent upon the company meeting solvency tests and other regulatory requirements, with further details to be announced later.

Spark’s Take on GB:DNA3 Stock

According to Spark, TipRanks’ AI Analyst, GB:DNA3 is a Outperform.

Doric Nimrod Air Three’s overall score reflects its strong financial performance, characterized by high profitability and robust cash flow management. The valuation indicates an undervalued stock with a high dividend yield, appealing to income-focused investors. Although technical indicators suggest neutral momentum, the low leverage and solid equity base provide financial stability. The interim dividend announcement further supports shareholder value.

To see Spark’s full report on GB:DNA3 stock, click here.

More about Doric Nimrod Air Three

Doric Nimrod Air Three Limited operates in the aviation industry, focusing on the acquisition and leasing of aircraft, specifically the Airbus A380-861 models. The company is involved in managing and selling these aircraft, catering to the needs of the aviation market.

Average Trading Volume: 193,083

Technical Sentiment Signal: Buy

Current Market Cap: £137.5M

Learn more about DNA3 stock on TipRanks’ Stock Analysis page.

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