Molten Ventures ( (GB:GROW) ) has shared an announcement.
Molten Ventures announced a share repurchase transaction where Numis Securities Limited, trading as Deutsche Numis, purchased 60,000 ordinary shares on behalf of the company as part of an extended share repurchase program. The transaction reflects Molten Ventures’ 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 4,246,493 shares held in treasury. This action may influence shareholder calculations regarding their interests under regulatory guidelines.
More about Molten Ventures
Molten Ventures is a leading venture capital firm in Europe that specializes in developing and investing in high-growth technology companies. The firm invests across four key sectors: Enterprise & SaaS, AI, Deeptech & Hardware, Consumer, and Digital Health & Wellness. Molten Ventures 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, the firm has deployed over £1bn in capital and realized over £600m by September 2024.
YTD Price Performance: -16.61%
Average Trading Volume: 510,029
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £484M
For an in-depth examination of GROW stock, go to TipRanks’ Stock Analysis page.