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Hargreave Hale AIM VCT Reduces Share Capital Through Buyback

Story Highlights

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

Hargreave Hale AIM VCT plc has announced the purchase and cancellation of 140,861 ordinary shares at a price of 32.77 pence per share. This transaction reduces the total number of shares in issue to 372,553,969, which will also be the new total voting rights figure for shareholders to consider 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: -8.84%

Average Trading Volume: 55,593

Technical Sentiment Signal: Strong Buy

See more data about HHV stock on TipRanks’ Stock Analysis page.

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