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Wise PLC Class A ( (GB:WISE) ) has shared an update.
Wise PLC has announced an update on its total voting rights and capital structure. The company has a total of 1,025,000,252 Class A ordinary shares and 218,584,255 Class B ordinary shares, resulting in a total of 2,951,758,547 voting rights. However, due to a cap on CEO Kristo Käärmann’s voting rights, the exercisable voting rights are reduced to 2,617,358,175. This cap ensures that Käärmann’s influence remains below 50% of the total votes, maintaining a balanced governance structure.
The most recent analyst rating on (GB:WISE) stock is a Buy with a £1231.00 price target. To see the full list of analyst forecasts on Wise PLC Class A stock, see the GB:WISE Stock Forecast page.
Spark’s Take on GB:WISE Stock
According to Spark, TipRanks’ AI Analyst, GB:WISE is a Outperform.
Wise PLC’s strong financial performance and positive earnings call sentiment are the primary drivers of its overall score. The company’s robust growth metrics and strategic initiatives are promising, although technical indicators suggest caution due to bearish trends. Valuation is reasonable, supporting the company’s long-term potential.
To see Spark’s full report on GB:WISE stock, click here.
More about Wise PLC Class A
Average Trading Volume: 1,513,478
Technical Sentiment Signal: Hold
Current Market Cap: £12.74B
For an in-depth examination of WISE stock, go to TipRanks’ Overview page.