Aquila Energy Efficiency Trust PLC (GB:AEET) has released an update.
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Aquila Energy Efficiency Trust PLC reports a modest increase in their net asset value per share from 94.28p to 95.08p as of June 30, 2024, alongside a share price total return increase of 3.1%. Despite active management and ongoing investments, the company’s shares are trading at a significant discount to NAV following a February 2023 Continuation Vote failure and a subsequent Managed Run-Off resolution. The Board is engaged in asset sales and strategic capital return initiatives, including a recent Tender Offer and plans for future significant capital returns, while also declaring an interim dividend of 6.139p per share.
For further insights into GB:AEET stock, check out TipRanks’ Stock Analysis page.
