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Foresight Enterprise VCT Reports Positive NAV Growth and Strategic Dividends

Story Highlights
  • Foresight Enterprise VCT achieved a 6.6% increase in NAV Total Return in 2024.
  • The company declared special dividends and raised £28.8 million through a subscription offer.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Foresight 4 VCT ( (GB:FTF) ) has shared an announcement.

Foresight Enterprise VCT plc reported a 6.6% increase in NAV Total Return for the year ended 31 December 2024, despite a challenging economic environment. The company made significant investments and exits, realizing substantial gains and returning proceeds to shareholders. The Board declared special dividends following profitable exits, and the company successfully raised £28.8 million through a subscription offer. The company remains focused on responsible investing and supporting its portfolio amid economic challenges, with a strategy to exceed a 5% annual target in Net Asset Value Total Return.

More about Foresight 4 VCT

Foresight Enterprise VCT plc, managed by Foresight Group LLP, operates in the venture capital trust industry, focusing on investments in small and medium-sized enterprises (SMEs) across various sectors. The company aims to achieve growth in Net Asset Value Total Return and provides dividends to shareholders, with a strategic emphasis on sourcing and completing new investment opportunities and exits.

YTD Price Performance: -0.20%

Average Trading Volume: 5,673

Technical Sentiment Signal: Strong Sell

See more data about FTF stock on TipRanks’ Stock Analysis page.

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