Oakley Capital Investments Reduces Share Capital with Latest Purchase

Oakley Capital Investments ( (GB:OCI) ) just unveiled an announcement.

Oakley Capital Investments Limited announced the purchase of 175,000 ordinary shares for cancellation, reducing the total number of shares in issue to 173,896,749. This transaction is part of the company’s strategy to manage its share capital and may impact shareholder calculations under the FCA’s Disclosure and Transparency Rules.

The most recent analyst rating on (GB:OCI) stock is a Buy with a £6.60 price target. To see the full list of analyst forecasts on Oakley Capital Investments stock, see the GB:OCI Stock Forecast page.

Spark’s Take on GB:OCI Stock

According to Spark, TipRanks’ AI Analyst, GB:OCI is a Outperform.

Oakley Capital Investments exhibits a solid overall score driven by a robust balance sheet and attractive valuation. However, income volatility and bearish technical indicators present challenges. Strategic share buybacks are a positive corporate event, indicating management’s confidence and providing support to the stock’s outlook.

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

More about Oakley Capital Investments

Oakley Capital Investments Limited (OCI) is a Specialist Fund Segment traded investment vehicle focused on providing shareholders with long-term capital growth surpassing the FTSE All-Share Index. It achieves this by offering liquid access to private equity returns through investments in Oakley Funds, which target growth, consolidation, and performance improvement opportunities in various industries. Oakley Capital Limited, the investment adviser, leverages its sector expertise and entrepreneur network to source attractive growth assets.

Average Trading Volume: 221,239

Technical Sentiment Signal: Strong Buy

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