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Pembroke VCT Announces Share Buyback Transaction

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Pembroke VCT Announces Share Buyback Transaction

Confident Investing Starts Here:

An update from Pembroke VCT ( (GB:PEMB) ) is now available.

Pembroke VCT plc announced a transaction involving the sale of B ordinary shares by Christopher Lewis, the company’s COO & CFO, as part of a share buyback program. The transaction, conducted on the London Stock Exchange, involved the sale of 17,649 shares at a price of £0.9434 each, reflecting the company’s ongoing efforts to manage its share capital effectively.

Spark’s Take on GB:PEMB Stock

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

Pembroke VCT’s overall stock score of 53.6 reflects significant financial struggles due to negative profitability and cash flow. However, a strong balance sheet and positive corporate events, such as strategic share issuances, provide some optimism. Technical indicators are neutral, and valuation metrics are weak due to negative earnings.

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

More about Pembroke VCT

Average Trading Volume: 1,947,326

Technical Sentiment Signal: Buy

Learn more about PEMB stock on TipRanks’ Stock Analysis page.

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