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Amati AIM VCT PLC Reduces Share Capital with Recent Buyback

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Amati AIM VCT PLC Reduces Share Capital with Recent Buyback

The latest update is out from Amati AIM ( (GB:AMAT) ).

Amati AIM VCT PLC has announced the purchase and cancellation of 159,269 ordinary shares at a price of 68.5p per share, reducing the total number of shares in issue to 144,509,711. This move is part of the company’s strategy to manage its share capital and potentially enhance shareholder value by reducing the number of shares outstanding.

More about Amati AIM

YTD Price Performance: -2.84%

Average Trading Volume: 20,839

Technical Sentiment Signal: Strong Buy

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

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