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Molten Ventures ( (GB:GROW) ) has shared an update.
Molten Ventures announced a share repurchase program, purchasing 28,828 ordinary shares at an average price of 300.9179 pence per share. This move reflects the company’s strategy to consolidate its capital structure, potentially enhancing shareholder value and indicating confidence in their market position. With the completion of this transaction, Molten Ventures’ issued share capital consists of 189,046,450 ordinary shares, emphasizing their ongoing commitment to strategic financial management.
More about Molten Ventures
Molten Ventures is a prominent venture capital firm in Europe, focused on developing and investing in disruptive, high-growth technology companies. They aim to support visionary companies with capital, knowledge, experience, and relationships to transform and grow. Molten Ventures invests in sectors like Enterprise Technology, Hardware and Deeptech, Consumer Technology, and Digital Health and Wellness, with a diverse portfolio including companies like Revolut and Ledger. They provide public market investors access to high-growth tech businesses without long-term investment commitments.
YTD Price Performance: -6.74%
Average Trading Volume: 460,760
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £551.5M
See more insights into GROW stock on TipRanks’ Stock Analysis page.
