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Wise PLC Class A ( (GB:WISE) ) has shared an update.
Wise plc has updated the market on its total voting rights and share capital, confirming an issued share capital of 1,025,672,252 Class A ordinary shares and 214,084,255 Class B ordinary shares, with no shares held in treasury. The aggregate voting rights attached to these shares amount to 2,952,430,547, with 1,025,672,252 votes from Class A shares and 1,926,758,295 from Class B shares, but the exercisable voting rights are reduced to 2,618,702,175 due to caps applied under the company’s articles of association. The company highlighted that, based on current voting rights, CEO and co-founder Kristo Käärmann would otherwise hold over 50% of the total voting rights, triggering a contractual cap that limits his exercisable votes to one below 50% while he remains chief executive, and one below 35% if he ceases that role, underscoring Wise’s governance framework for balancing founder control with minority shareholder protections.
The most recent analyst rating on (GB:WISE) stock is a Buy with a £1500.00 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
Wise plc is a UK-headquartered financial technology company specialising in low-cost international money transfers and cross-border payments. Listed with a dual-class share structure comprising Class A and Class B ordinary shares, the group focuses on providing digital financial services to retail and business customers globally, leveraging technology to reduce fees and improve transparency in foreign exchange and remittances.
Average Trading Volume: 1,888,269
Technical Sentiment Signal: Hold
Current Market Cap: £10.82B
For detailed information about WISE stock, go to TipRanks’ Stock Analysis page.