Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Northern 2 VCT ( (GB:NTV) ) has provided an update.
Northern 2 VCT has bought back and cancelled 2,641,634 ordinary shares at 53.2p each, equivalent to about 1.04% of its issued share capital, under an existing shareholder authority. Following this transaction, the company now has 252,148,197 ordinary shares in issue, all with voting rights, and holds no shares in treasury.
The updated share count sets the new total of voting rights at 252,148,197, a key reference figure for investors assessing whether they must report their holdings under UK disclosure and transparency rules. The move marginally reduces the company’s share base, which can be supportive of net asset value per share and clarifies the capital and governance structure for current and prospective shareholders.
More about Northern 2 VCT
Northern 2 VCT plc is a UK-listed venture capital trust that provides retail investors with access to a diversified portfolio of smaller, growth-oriented companies. As a VCT, it focuses on tax-efficient investment in unquoted or AIM-quoted businesses, offering exposure to early-stage and scaling enterprises within the UK market.
Average Trading Volume: 55,881
Technical Sentiment Signal: Strong Buy
Learn more about NTV stock on TipRanks’ Stock Analysis page.