Wise PLC Updates on Voting Rights and Capital Structure

The latest update is out from Wise PLC Class A ( (GB:WISE) ).

Wise PLC has announced updates regarding its total voting rights and capital structure. The company has issued 1,025,000,252 Class A ordinary shares and 243,584,255 Class B ordinary shares, with a total of 3,217,258,547 voting rights. Kristo Käärmann, the CEO, holds over 50% of these voting rights, but his exercisable votes are capped to ensure they remain below 50% of the total eligible votes. This cap affects the total exercisable voting rights, reducing them to 2,698,358,175.

The most recent analyst rating on (GB:WISE) stock is a Hold with a £1185.00 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 scores strongly on financial performance, indicating robust growth and financial stability. While technical analysis suggests some short-term challenges, the company’s valuation remains reasonable. The overall score reflects a solid financial foundation, tempered by mixed technical indicators.

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

More about Wise PLC Class A

Average Trading Volume: 1,729,555

Technical Sentiment Signal: Buy

Current Market Cap: £15.65B

For an in-depth examination of WISE stock, go to TipRanks’ Stock Analysis page.