tiprankstipranks
Trending News
More News >

Molten Ventures Executes Share Buyback Program

Story Highlights
Molten Ventures Executes Share Buyback Program

Confident Investing Starts Here:

Molten Ventures ( (GB:GROW) ) has shared an announcement.

Molten Ventures announced a share repurchase transaction where Numis Securities Limited purchased 60,000 ordinary shares on behalf of the company as part of a buyback program. This transaction, with a volume-weighted average price of 286.8512p per share, reflects Molten’s strategy to manage its capital structure effectively. Following this purchase, the company’s issued share capital consists of 189,046,450 ordinary shares, with 4,671,767 shares in treasury, impacting the total number of voting rights and potentially influencing shareholder calculations under regulatory guidelines.

More about Molten Ventures

Molten Ventures is a leading venture capital firm in Europe, focusing on high growth technology companies. It invests across sectors such as Enterprise & SaaS, AI, Deeptech & Hardware, Consumer Technology, and Digital Health. The company, listed on the London Stock Exchange and Euronext Dublin, offers public market investors access to rapidly growing tech businesses without long-term investment commitments. Since its IPO in June 2016, Molten has invested over £1 billion in tech companies and realized over £600 million by September 2024.

YTD Price Performance: -12.23%

Average Trading Volume: 566,787

Technical Sentiment Signal: Buy

Current Market Cap: £512.1M

For a thorough assessment of GROW stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App