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Foresight Ventures VCT Executes Share Repurchase

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Foresight Ventures VCT Executes Share Repurchase

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Downing ONE VCT ( (GB:FVEN) ) has provided an update.

Foresight Ventures VCT plc has announced a transaction in its own securities, indicating a strategic move within the investment sector. The company has repurchased 2,759,557 of its own ordinary shares for cancellation at 96.04 pence per share, reducing its total share capital to 106,863,427 ordinary shares, all of which carry voting rights. This transaction may affect shareholder calculations regarding their interest in the company, aligning with the FCA’s Disclosure and Transparency Rules. The company confirmed that all pertinent inside information had been disclosed prior to the purchase, allowing the transaction to proceed without restrictions.

More about Downing ONE VCT

YTD Price Performance: 1.05%

Average Trading Volume: 82,080

Technical Sentiment Consensus Rating: Buy

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

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