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Tavistock Investments ( (GB:TAVI) ) just unveiled an update.
Tavistock Investments Plc has announced a share buyback transaction in which it will repurchase 333,333 ordinary shares, representing 0.07% of its total share issuance, at 4.7 pence per share from an adviser who has departed the company. These shares will be held in treasury and may later be placed into a trust for employee benefits or canceled, thereby allowing the company to manage its share options with minimal shareholder dilution. Following this transaction, Tavistock’s total voting rights are adjusted to 449,366,485, impacting shareholder calculations under regulatory disclosure and transparency rules.
More about Tavistock Investments
YTD Price Performance: 13.33%
Average Trading Volume: 1,014,266
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £19.11M
See more insights into TAVI stock on TipRanks’ Stock Analysis page.
