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Hargreave Hale AIM VCT Announces Share Cancellation

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Hargreave Hale AIM VCT 1 ( (GB:HHV) ) has provided an update.

Hargreave Hale AIM VCT plc announced the purchase and cancellation of 148,372 ordinary shares at a price of 32.55 pence per share. This transaction results in a total of 372,694,830 ordinary shares remaining in issue, which will be used by shareholders to determine their interest in the company’s share capital under the Disclosure and Transparency Rules.

Spark’s Take on GB:HHV Stock

According to Spark, TipRanks’ AI Analyst, GB:HHV is a Neutral.

The overall score is influenced by the company’s financial difficulties, particularly in income generation and cash flow. Technical indicators suggest ongoing bearish trends, while valuation is negatively impacted by losses despite a high dividend yield. Corporate events add some stability, but the overall outlook remains challenging.

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

More about Hargreave Hale AIM VCT 1

YTD Price Performance: -10.24%

Average Trading Volume: 52,981

Technical Sentiment Signal: Strong Buy

For detailed information about HHV stock, go to TipRanks’ Stock Analysis page.

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