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Molten Ventures ( (GB:GROW) ) has provided an update.
Molten Ventures plc announced a recent transaction involving the repurchase of 50,000 ordinary shares as part of its share repurchase programme. This move, executed by Numis Securities Limited, reflects the company’s ongoing strategy to optimize its capital structure and potentially enhance shareholder value. The repurchase affects the company’s share capital, leaving 189,046,450 ordinary shares issued and 185,653,291 voting rights. Stakeholders may need to reassess their holdings in light of these changes, as outlined by regulatory guidelines.
More about Molten Ventures
Molten Ventures is a prominent venture capital firm based in Europe, focusing on high-growth technology companies. It invests in sectors such as Enterprise & SaaS, AI, Deeptech & Hardware, Consumer, and Digital Health & Wellness. The firm is publicly listed on the London Stock Exchange and Euronext Dublin, offering public market investors access to rapidly expanding tech businesses. Since its IPO in June 2016, Molten Ventures has invested over £1 billion in tech firms and realized returns exceeding £600 million by September 2024.
YTD Price Performance: 7.99%
Average Trading Volume: 472,001
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £634.7M
Find detailed analytics on GROW stock on TipRanks’ Stock Analysis page.
