tiprankstipranks
Advertisement
Advertisement

Maven Renovar VCT Cuts Share Count After Latest Buy-Back

Story Highlights
Maven Renovar VCT Cuts Share Count After Latest Buy-Back

Claim 55% Off TipRanks

The latest announcement is out from Amati AIM ( (GB:MRV) ).

Maven Renovar VCT PLC has carried out a share buy-back, repurchasing 312,098 of its own ordinary shares for cancellation at 59p per share, as part of its capital management activities common among venture capital trusts. Following the transaction, the company’s issued share capital stands at 141,924,252 ordinary shares of 5p each, with one voting right per share, a level that shareholders are advised to use as the reference point for calculating disclosure thresholds under the FCA’s transparency rules.

More about Amati AIM

Maven Renovar VCT PLC is a UK-listed venture capital trust investing in a diversified portfolio of smaller, growth-oriented companies, providing investors with exposure to early-stage and expanding businesses while benefiting from the tax advantages associated with VCT structures.

Average Trading Volume: 19,479

Technical Sentiment Signal: Buy

For an in-depth examination of MRV stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1