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Brave Bison Proposes Capital Reduction to Boost Reserves
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Brave Bison Proposes Capital Reduction to Boost Reserves

Brave Bison (GB:BBSN) has released an update.

Brave Bison Group PLC, a digital advertising and technology services company, has announced its Annual General Meeting is set for June 19, 2024, where shareholders will vote on a proposed capital reduction intended to create additional distributable reserves of £158,379,042. The company emphasizes that the capital reduction is a strategic move to increase financial flexibility for potential future shareholder returns but clarifies there are no immediate plans for dividends or share buybacks. Shareholders are encouraged to vote electronically and can submit questions via email prior to the AGM.

For further insights into GB:BBSN stock, check out TipRanks’ Stock Analysis page.

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