Oakley Capital Investments Reduces Share Capital with Recent Buyback

The latest announcement is out from Oakley Capital Investments ( (GB:OCI) ).

Oakley Capital Investments Limited announced the purchase and cancellation of 165,000 ordinary shares at 536.91 pence per share, reducing the total number of shares in issue to 171,521,749. This transaction is part of the company’s strategy to manage its share capital and potentially enhance shareholder value by reducing the number of shares outstanding, which could impact voting rights calculations for shareholders.

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 focused on providing shareholders with 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, which focus on buy-out opportunities in growth industries. Oakley Capital, the investment adviser, leverages its sector expertise and entrepreneur network to source attractive growth assets.

Average Trading Volume: 288,548

Technical Sentiment Signal: Strong Buy

Find detailed analytics on OCI stock on TipRanks’ Stock Analysis page.