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Hargreave Hale AIM VCT plc Reduces Share Capital Through Buyback

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Hargreave Hale AIM VCT plc Reduces Share Capital Through Buyback

Confident Investing Starts Here:

Hargreave Hale AIM VCT 1 ( (GB:HHV) ) just unveiled an update.

Hargreave Hale AIM VCT plc announced the purchase and cancellation of 436,259 ordinary shares at a price of 33.66 pence per share, reducing the total number of shares in issue to 372,117,710. This action affects the total voting rights, which shareholders can use to determine their interest in the company’s share capital under the Disclosure and Transparency Rules.

Spark’s Take on GB:HHV Stock

According to Spark, TipRanks’ AI Analyst, GB:HHV is a Neutral.

The overall score is influenced by the company’s financial difficulties, particularly in income generation and cash flow. Technical indicators suggest ongoing bearish trends, while valuation is negatively impacted by losses despite a high dividend yield. Corporate events add some stability, but the overall outlook remains challenging.

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

More about Hargreave Hale AIM VCT 1

Average Trading Volume: 50,240

Technical Sentiment Signal: Strong Sell

See more insights into HHV stock on TipRanks’ Stock Analysis page.

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