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OPG Power Ventures ( (GB:OPG) ) has shared an update.
OPG Power Ventures plc announced the results of its Share Buyback Offer, with 153,769,385 Ordinary Shares, representing 38.37% of the issued share capital, being validly tendered and accepted. The buyback will return approximately £9.64 million to shareholders, and the purchased shares will be cancelled. Following the buyback, the company’s share capital will be reduced to 246,964,126 Ordinary Shares, with the Family Concert Party holding 83.62% of the revised share capital. The company’s shares will be delisted from AIM on 24 December 2025.
The most recent analyst rating on (GB:OPG) stock is a Hold with a £6.00 price target. To see the full list of analyst forecasts on OPG Power Ventures stock, see the GB:OPG Stock Forecast page.
Spark’s Take on GB:OPG Stock
According to Spark, TipRanks’ AI Analyst, GB:OPG is a Neutral.
The overall stock score of 56 reflects a challenging financial performance with declining revenue and profitability, offset by strong cash flow generation and a stable balance sheet. Technical analysis indicates bearish momentum, while valuation is reasonable. Positive corporate events, such as a new power supply agreement and share buyback, provide some optimism, but increased coal costs pose a risk.
To see Spark’s full report on GB:OPG stock, click here.
More about OPG Power Ventures
OPG Power Ventures plc is a company involved in the development and operation of power generation assets in India.
Average Trading Volume: 1,948,775
Technical Sentiment Signal: Sell
Current Market Cap: £18.03M
Learn more about OPG stock on TipRanks’ Stock Analysis page.