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New Century AIM VCT 2 ( (GB:OVCT) ) has provided an announcement.
Oberon AIM VCT PLC is set to hold a General Meeting on June 5, 2025, to propose a capital reduction aimed at creating distributable reserves. This move is intended to enhance the company’s ability to pay dividends and potentially buy back shares in the future. The capital reduction will not alter the rights or number of ordinary shares. Shareholders’ approval and High Court confirmation are required for the proposal to proceed.
More about New Century AIM VCT 2
Average Trading Volume: 3,548
Technical Sentiment Signal: Sell
For detailed information about OVCT stock, go to TipRanks’ Stock Analysis page.