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Mobeus Income & Growth VCT ( (GB:GHV2) ) has shared an announcement.
Gresham House Income & Growth 2 VCT has undertaken a share buyback, repurchasing 2,339,800 of its own ordinary shares at 45.82 pence per share for cancellation. This move reduces the number of shares in issue and may support the net asset value per share, signalling ongoing capital management aimed at enhancing shareholder value.
Following the cancellation of these shares, the company now has 369,545,851 ordinary shares in issue, each carrying voting rights. The updated share count affects total voting rights and provides investors with clarity on the capital structure and their proportional ownership within the venture capital trust.
More about Mobeus Income & Growth VCT
Gresham House Income & Growth 2 VCT plc is a UK-listed venture capital trust focused on providing investors with exposure to a diversified portfolio of income-generating and growth-oriented investments. The company aims to deliver long-term returns through tax-efficient access to smaller and mid-sized businesses, in line with the objectives of the UK VCT regime.
Average Trading Volume: 135,358
Technical Sentiment Signal: Hold
For an in-depth examination of GHV2 stock, go to TipRanks’ Overview page.