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The Investment ( (GB:INV) ) just unveiled an update.
The Investment Company plc has announced a share split, approved at the Annual General Meeting, to divide each existing ordinary share into five new ordinary shares. This move aims to enhance share liquidity and marketability, making it more accessible to smaller investors. The share split is contingent upon the new shares being admitted to the Official List of the Financial Conduct Authority and trading on the London Stock Exchange. The transition is expected to be effective from 13 March 2025, with the total number of voting rights in the company adjusting accordingly. This strategic decision reflects the company’s intention to boost investment opportunities and potentially raise additional capital by selling shares from treasury.
More about The Investment
YTD Price Performance: -7.05%
Average Trading Volume: 2,271
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £6.3M
For a thorough assessment of INV stock, go to TipRanks’ Stock Analysis page.