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Maven Renovar VCT Cuts Share Count After Latest Buy-back

Story Highlights
  • Maven Renovar VCT bought back and cancelled 78,206 ordinary shares at 58p each.
  • The company now has 142,594,673 ordinary shares in issue, setting a new disclosure baseline.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Maven Renovar VCT Cuts Share Count After Latest Buy-back

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An update from Amati AIM ( (GB:MRV) ) is now available.

Maven Renovar VCT PLC has carried out a share buy-back, purchasing 78,206 of its own ordinary shares for cancellation at 58p per share. Following this transaction, the company’s issued share capital stands at 142,594,673 ordinary shares of 5p each, with one voting right per share, a figure that will now serve as the reference denominator for shareholders assessing whether they must disclose holdings or changes in their interests under UK transparency rules.

More about Amati AIM

Maven Renovar VCT PLC is a UK-listed venture capital trust that issues ordinary shares to investors, providing exposure to a diversified portfolio of venture capital investments while offering associated tax advantages under the VCT regime.

Average Trading Volume: 21,533

Technical Sentiment Signal: Buy

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

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