Oakley Capital Investments Reduces Share Capital with Recent Buyback

Oakley Capital Investments ( (GB:OCI) ) just unveiled an announcement.

Oakley Capital Investments Limited has announced the purchase and cancellation of 65,000 ordinary shares at 487 pence each, reducing its total shares in issue to 172,431,749. This transaction is part of the company’s strategy to manage its share capital and potentially enhance shareholder value, reflecting its commitment to maintaining a robust financial structure and market presence.

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) operates within the private equity industry, focusing 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 Oakley Funds, which target buy-out opportunities in growth-oriented industries. The Oakley Funds include a range of private equity and venture capital funds that invest in entrepreneur-led, disruptive, technology-driven companies.

Average Trading Volume: 220,987

Technical Sentiment Signal: Strong Buy

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