Mobeus Income & Growth VCT ( (GB:MIX) ) has provided an update.
Mobeus Income & Growth VCT has repurchased 4,809,572 of its own ordinary shares at 49.81 pence each for cancellation, reducing its total shares in issue to 333,152,281. This transaction is part of the company’s strategy to manage its share capital and potentially enhance shareholder value by reducing the number of shares in circulation.
More about Mobeus Income & Growth VCT
Mobeus Income & Growth VCT is a venture capital trust focusing on providing growth capital to small and medium-sized enterprises in the UK. It primarily invests in a diversified portfolio of unquoted companies across various sectors.
YTD Price Performance: -2.51%
Average Trading Volume: 129,212
Technical Sentiment Consensus Rating: Sell
For an in-depth examination of MIX stock, go to TipRanks’ Stock Analysis page.