Molten Ventures ( (GB:GROW) ) just unveiled an announcement.
Molten Ventures announced the repurchase of 60,000 of its own shares as part of a share repurchase program. The shares were bought at a volume-weighted average price of 285.0664 pence per share. This transaction is part of Molten Ventures’ strategy to manage its share capital effectively, potentially enhancing shareholder value and demonstrating confidence in its market position.
More about Molten Ventures
Molten Ventures is a prominent venture capital firm 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 listed on the London Stock Exchange and Euronext Dublin, offering public market investors access to rapidly growing tech businesses. Since its IPO in 2016, Molten Ventures has deployed over £1 billion in capital and realized over £600 million by September 2024.
YTD Price Performance: -10.03%
Average Trading Volume: 548,911
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £533.2M
For a thorough assessment of GROW stock, go to TipRanks’ Stock Analysis page.