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An announcement from Maven Income and Growth VCT 3 ( (GB:MIG3) ) is now available.
Maven Income and Growth VCT 3 PLC has executed a share buy-back, purchasing and cancelling 1,004,959 of its own ordinary shares at 44.40p per share. This move reduces the number of shares in circulation and can be interpreted as capital management aimed at enhancing shareholder value.
Following the buy-back, the company’s issued share capital stands at 147,437,350 ordinary shares of 10p each, with one voting right per share. This updated share count provides the reference figure shareholders must use to assess and report any notifiable holdings or changes in their ownership under regulatory disclosure rules.
More about Maven Income and Growth VCT 3
Maven Income and Growth VCT 3 PLC is a UK-listed venture capital trust focused on providing investors with access to a diversified portfolio of growth-oriented, smaller private and AIM-quoted companies. It offers tax-efficient exposure to early-stage and expanding businesses across a range of sectors in the UK market.
Average Trading Volume: 6,073
Technical Sentiment Signal: Strong Buy
See more insights into MIG3 stock on TipRanks’ Stock Analysis page.