Oakley Capital Investments Reduces Share Capital with Recent Buyback

Oakley Capital Investments ( (GB:OCI) ) has issued an update.

Oakley Capital Investments Limited has repurchased 150,000 of its ordinary shares at 499 pence each for cancellation, reducing the total number of shares in issue to 171,886,749. This transaction is part of the company’s strategy to manage its share capital effectively, potentially impacting shareholder value and market perception by reducing the number of shares available and possibly increasing earnings per share.

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 deliver long-term capital growth exceeding the FTSE All-Share Index by providing liquid access to private equity returns through investments in Oakley Funds. Oakley Capital Limited, the investment adviser, has a track record of sourcing attractive growth assets, leveraging sector and regional expertise, and an entrepreneur network. The Oakley Funds focus on buy-out opportunities in growth industries, while venture capital funds target entrepreneur-led, technology-driven companies.

Average Trading Volume: 252,015

Technical Sentiment Signal: Strong Buy

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