An announcement from Molten Ventures ( (GB:GROW) ) is now available.
Molten Ventures plc announced the repurchase of 60,000 ordinary shares as part of its share repurchase program. The transaction, executed by Numis Securities Limited, reflects the company’s strategic move to manage its share capital and potentially enhance shareholder value. Following this purchase, the company’s issued share capital consists of 189,046,450 ordinary shares, with 4,501,346 shares held in treasury, affecting the total number of voting rights. This move might impact stakeholders’ calculations regarding their interests in the company under relevant financial regulations.
More about Molten Ventures
Molten Ventures is a leading venture capital firm in Europe, focusing on high growth technology companies. It invests across four sectors: Enterprise & SaaS; AI, Deeptech & Hardware; Consumer; and Digital Health & Wellness. The firm is listed on the London Stock Exchange and Euronext Dublin, offering public market investors access to fast-growing tech businesses without long-term investment commitments. Since its IPO in June 2016, Molten Ventures has deployed over £1bn into tech companies and realized over £600m by September 2024.
YTD Price Performance: -12.54%
Average Trading Volume: 567,782
Technical Sentiment Signal: Buy
Current Market Cap: £510.8M
Learn more about GROW stock on TipRanks’ Stock Analysis page.