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Wise PLC Class A ( (GB:WISE) ) just unveiled an announcement.
Wise PLC has announced its total voting rights and capital structure, detailing the distribution of its Class A and Class B ordinary shares. The company has 1,025,672,252 Class A shares and 214,084,255 Class B shares, resulting in a total of 2,952,430,547 voting rights. However, due to a cap on CEO Kristo Käärmann’s voting rights, the exercisable voting rights are reduced to 2,618,702,175. This cap ensures that Käärmann’s voting power remains just below 50% while he is CEO, and would decrease further should he step down.
The most recent analyst rating on (GB:WISE) stock is a Buy with a £1231.00 price target. To see the full list of analyst forecasts on Wise PLC Class A stock, see the GB:WISE Stock Forecast page.
Spark’s Take on GB:WISE Stock
According to Spark, TipRanks’ AI Analyst, GB:WISE is a Outperform.
Wise PLC’s strong financial performance and strategic growth initiatives are key strengths, contributing positively to the overall score. However, bearish technical indicators and pricing pressures from the earnings call temper the outlook. The moderate valuation suggests some room for growth, but high operational costs remain a concern.
To see Spark’s full report on GB:WISE stock, click here.
More about Wise PLC Class A
Average Trading Volume: 1,722,315
Technical Sentiment Signal: Hold
Current Market Cap: £10.98B
See more data about WISE stock on TipRanks’ Stock Analysis page.