British Smaller Companies VCT2 (GB:BSC) has released an update.
British Smaller Companies VCT2 plc has announced the buyback of 1,422,727 of its own ordinary shares, a move that conveys confidence in the company’s value. The repurchased shares, accounting for 0.50% of the voting rights, will be held in treasury, following the reporting of a net asset value of 57.50 pence per ordinary share as of 30 June 2024. Shareholders can use the total issued share capital figure to assess their stake in the company.
For further insights into GB:BSC stock, check out TipRanks’ Stock Analysis page.
