Molten Ventures ( (GB:GROW) ) has shared an announcement.
Molten Ventures announced a share repurchase transaction where Numis Securities Limited purchased 60,000 ordinary shares on behalf of the company as part of a buyback program. This transaction, with a volume-weighted average price of 286.8512p per share, reflects Molten’s strategy to manage its capital structure effectively. Following this purchase, the company’s issued share capital consists of 189,046,450 ordinary shares, with 4,671,767 shares in treasury, impacting the total number of voting rights and potentially influencing shareholder calculations under regulatory guidelines.
More about Molten Ventures
Molten Ventures is a leading venture capital firm in Europe, focusing on high growth technology companies. It invests across sectors such as Enterprise & SaaS, AI, Deeptech & Hardware, Consumer Technology, and Digital Health. The company, listed on the London Stock Exchange and Euronext Dublin, offers public market investors access to rapidly growing tech businesses without long-term investment commitments. Since its IPO in June 2016, Molten has invested over £1 billion in tech companies and realized over £600 million by September 2024.
YTD Price Performance: -12.23%
Average Trading Volume: 566,787
Technical Sentiment Signal: Buy
Current Market Cap: £512.1M
For a thorough assessment of GROW stock, go to TipRanks’ Stock Analysis page.