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Wise PLC Updates Voting Rights and Capital Structure

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Wise PLC Updates Voting Rights and Capital Structure

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Wise PLC Class A ( (GB:WISE) ) has issued an announcement.

Wise PLC has announced its updated total voting rights and capital structure. The company has issued 1,025,000,252 Class A ordinary shares and 218,584,255 Class B ordinary shares, resulting in a total of 2,992,258,547 voting rights. Kristo Käärmann, the CEO, holds over 50% of the voting rights, but his voting power is capped to ensure it remains just below 50% while he is CEO, and below 35% if he steps down. 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: 1,837,689

Technical Sentiment Signal: Buy

Current Market Cap: £13.13B

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

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