Stack Capital Group Announces Strong 2023 Financials

Stack Capital Group, Inc. (TSE:STCK) has released an update.

Stack Capital Group Inc. has reported a book value per share of $10.91 at the end of 2023, a slight decrease from the previous quarter, affected by currency fluctuations which have since recovered. The company strengthened its portfolio through a share-swap with Locus Robotics and repurchased undervalued common shares, while maintaining a robust cash position of $25.1 million. CEO Jeff Parks expressed optimism about the potential for high-quality portfolio companies to go public, as the IPO market shows signs of revival.

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