Oakley Capital Investments Cancels 100,000 Shares in Ongoing Buyback

Oakley Capital Investments ( (GB:OCI) ) has provided an announcement.

Oakley Capital Investments Limited has repurchased 100,000 of its own ordinary shares at 562 pence each for cancellation, as part of a previously announced buyback programme. Following this transaction, the company has 167,481,749 ordinary shares in issue, all admitted to trading on the London Stock Exchange and none held in treasury, clarifying the updated total voting rights for shareholders monitoring their disclosure obligations under UK regulatory rules.

The most recent analyst rating on (GB:OCI) stock is a Buy with a £7.25 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 is a closed-ended investment fund listed on the London Stock Exchange’s main market, offering shareholders liquid access to private equity returns. The company aims to deliver long-term capital growth above the FTSE All-Share Index by investing primarily in Oakley’s unlisted lower-mid to mid-market private equity funds, which focus on buy-outs and growth opportunities, as well as venture funds backing entrepreneur-led, technology-driven businesses.

Average Trading Volume: 287,107

Technical Sentiment Signal: Buy

See more insights into OCI stock on TipRanks’ Stock Analysis page.