Octopus AIM VCT 2 Cuts Share Capital After Buyback

The latest update is out from Octopus AIM VCT 2 ( (GB:OSEC) ).

Octopus AIM VCT 2 plc has bought back and cancelled 1,455,988 ordinary shares at a price of 36.165p per share, reducing its issued share capital to 206,331,422 ordinary shares. The updated share count also sets a new baseline for investors to calculate their holdings and determine whether they must disclose interests or changes in interests under the Financial Conduct Authority’s transparency rules, a move that may marginally enhance net asset value per share while clarifying the company’s capital structure for shareholders.

The most recent analyst rating on (GB:OSEC) stock is a Hold with a £36.00 price target. To see the full list of analyst forecasts on Octopus AIM VCT 2 stock, see the GB:OSEC Stock Forecast page.

Spark’s Take on GB:OSEC Stock

According to Spark, TipRanks’ AI Analyst, GB:OSEC is a Neutral.

The score is held down primarily by weak financial performance—ongoing losses, volatile revenue, and persistent negative operating/free cash flow—despite a debt-free balance sheet. Technicals are supportive with price above key moving averages and positive MACD, but overbought RSI/Stoch temper the outlook. Valuation is mixed (reasonable yield but negative P/E due to losses), and the planned fundraising is modestly supportive but not enough to offset cash-flow concerns.

To see Spark’s full report on GB:OSEC stock, click here.

More about Octopus AIM VCT 2

Octopus AIM VCT 2 plc is a UK-listed venture capital trust focused on providing investors with access to a diversified portfolio of smaller, growth-oriented companies whose shares are primarily traded on the London Stock Exchange’s Alternative Investment Market (AIM), offering tax-efficient exposure to early-stage and high-growth businesses.

Average Trading Volume: 94,359

Technical Sentiment Signal: Hold

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