tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Foresight Enterprise VCT Cuts Share Capital Through Buyback and Cancellation

Story Highlights
Foresight Enterprise VCT Cuts Share Capital Through Buyback and Cancellation

Claim 70% Off TipRanks This Holiday Season

An announcement from Foresight 4 VCT ( (GB:FTF) ) is now available.

Foresight Enterprise VCT plc has repurchased and cancelled 2,207,340 ordinary shares at 47.12p per share, reducing its share capital to 312,434,761 ordinary shares, all of which carry voting rights. The move, conducted after confirming all relevant inside information was already public, modestly enhances remaining shareholders’ proportional ownership and clarifies the company’s updated voting rights base for regulatory disclosure purposes.

More about Foresight 4 VCT

Foresight Enterprise VCT plc is a UK-listed venture capital trust focused on providing equity capital to smaller, growth-oriented enterprises. It offers retail investors exposure to a diversified portfolio of unquoted and AIM-quoted companies, with returns delivered through capital growth and income while benefiting from the UK’s VCT tax incentives.

Average Trading Volume: 413,686

Technical Sentiment Signal: Strong Buy

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1