Digitalbox plc (GB:DBOX) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Digitalbox plc, a UK-based digital media company, is moving forward with a proposed capital reduction to enhance its financial flexibility by creating positive distributable reserves. The company has announced a general meeting for shareholders to approve this capital reduction, which is contingent on court confirmation. Digitalbox operates popular brands like Entertainment Daily and The Daily Mash, generating revenue primarily through mobile advertising.
For further insights into GB:DBOX stock, check out TipRanks’ Stock Analysis page.
