Aquila Energy Efficiency Trust PLC (GB:AEET) has released an update.
Aquila Energy Efficiency Trust Plc reports its audited financial outcomes for the year ended December 31, 2023, highlighting a managed run-off of assets to return cash to shareholders. Net Asset Value (NAV) per share decreased slightly to 94.28 pence, with a share price at a 39.3% discount to NAV. The company declared no dividends for 2023 as it preserves cash amid a strategic review for maximizing shareholder value during the managed run-off process. The company’s performance saw a minor NAV total return of 0.3% but a share price total return decline of 17.6%.
For further insights into GB:AEET stock, check out TipRanks’ Stock Analysis page.
