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Northern 3 VCT PLC Announces Share Repurchase

Story Highlights
  • Northern 3 VCT PLC repurchased 2,176,639 shares, reducing its share capital by 1.44%.
  • The company now has 148,934,007 shares with voting rights, impacting shareholder calculations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Northern 3 VCT PLC Announces Share Repurchase

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Northern 3 VCT ( (GB:NTN) ) just unveiled an update.

Northern 3 VCT PLC, a venture capital trust, has announced a transaction involving the repurchase and cancellation of 2,176,639 of its ordinary shares, which represents approximately 1.44% of its issued share capital. This move, conducted under existing shareholder authority, leaves the company with a total of 148,934,007 ordinary shares in issue, all of which carry voting rights. The transaction aligns with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, ensuring transparency in the company’s share capital structure and voting rights, which may impact shareholder calculations regarding their voting rights.

More about Northern 3 VCT

Average Trading Volume: 117,270

Technical Sentiment Signal: Buy

See more insights into NTN stock on TipRanks’ Stock Analysis page.

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