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The latest announcement is out from Oakley Capital Investments ( (GB:OCI) ).
Oakley Capital Investments Limited has announced the purchase and cancellation of 70,000 ordinary shares at a price of 489.5 pence per share, as part of its ongoing strategy to manage its share capital. This transaction reduces the total number of shares in issue to 172,161,749, potentially impacting shareholder calculations for interest notifications under FCA rules. This move reflects the company’s strategy to enhance shareholder value and optimize its capital structure.
The most recent analyst rating on (GB:OCI) stock is a Buy with a £6.60 price target. To see the full list of analyst forecasts on Oakley Capital Investments stock, see the GB:OCI Stock Forecast page.
Spark’s Take on GB:OCI Stock
According to Spark, TipRanks’ AI Analyst, GB:OCI is a Outperform.
Oakley Capital Investments exhibits a solid overall score driven by a robust balance sheet and attractive valuation. However, income volatility and bearish technical indicators present challenges. Strategic share buybacks are a positive corporate event, indicating management’s confidence and providing support to the stock’s outlook.
To see Spark’s full report on GB:OCI stock, click here.
More about Oakley Capital Investments
Oakley Capital Investments Limited (OCI) is a Specialist Fund Segment traded investment vehicle that aims to provide shareholders with consistent long-term capital growth exceeding the FTSE All-Share Index. It achieves this by offering liquid access to private equity returns through investments in the Oakley Funds. Oakley Capital, the investment adviser, has a history of sourcing growth assets at attractive prices, leveraging sector and regional expertise, and an entrepreneur network. The Oakley Funds focus on buy-out opportunities in industries with growth potential, while also investing in entrepreneur-led, disruptive technology companies through venture capital funds.
Average Trading Volume: 224,995
Technical Sentiment Signal: Strong Buy
Find detailed analytics on OCI stock on TipRanks’ Stock Analysis page.