Oakley Capital Investments Reduces Share Capital with Recent Buyback

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

Oakley Capital Investments Limited announced the purchase and cancellation of 100,000 ordinary shares at 550 pence each, reducing the total number of shares in issue to 168,721,749. This transaction is part of the company’s strategy to manage its share capital effectively and may impact shareholder calculations regarding their interests under FCA 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 trading on the main market of the London Stock Exchange. It aims to provide shareholders with long-term capital growth exceeding the FTSE All-Share Index by offering liquid access to private equity returns through investments in Oakley Funds. These funds focus on buy-out opportunities in growth-oriented industries and include venture capital funds targeting entrepreneur-led, technology-driven companies.

Average Trading Volume: 339,385

Technical Sentiment Signal: Buy

For detailed information about OCI stock, go to TipRanks’ Stock Analysis page.