Oakley Capital Investments Cancels 200,000 Shares After Buyback

An announcement from Oakley Capital Investments ( (GB:OCI) ) is now available.

Oakley Capital Investments Limited has bought back 200,000 of its ordinary shares at 562 pence each for cancellation, reducing its share capital and leaving 167,581,749 ordinary shares in issue, all admitted to trading on the London Stock Exchange’s main market. The transaction marginally increases existing shareholders’ proportional ownership and voting power, and the updated share count will serve as the new reference point for investors calculating disclosure thresholds under the UK Financial Conduct Authority’s transparency 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 (OCI) is a closed-ended investment fund listed on the main market of the London Stock Exchange. It aims to deliver long-term capital growth in excess of the FTSE All-Share Index by giving shareholders liquid access to private equity returns through its investments in Oakley Capital’s lower-mid to mid-market buyout funds and venture capital vehicles focused on high-growth, entrepreneur-led, technology-driven businesses.

Average Trading Volume: 298,147

Technical Sentiment Signal: Buy

For a thorough assessment of OCI stock, go to TipRanks’ Stock Analysis page.