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An announcement from Molten Ventures ( (GB:GROW) ) is now available.
Molten Ventures plc announced the repurchase of 31,467 of its own shares as part of a share repurchase program. The shares were acquired at a volume-weighted average price of 310.2432 pence, impacting the company’s share capital and voting rights. This move is part of Molten Ventures’ strategy to manage its capital and potentially enhance shareholder value, reflecting the firm’s ongoing commitment to its stakeholders.
More about Molten Ventures
Molten Ventures is a prominent venture capital firm in Europe that focuses on developing and investing in high-growth technology companies across sectors such as Enterprise Technology, Hardware and Deeptech, Consumer Technology, and Digital Health and Wellness. The firm provides capital and expertise to help visionary companies grow, with a diverse portfolio including notable entities like Revolut and Thought Machine. Since its IPO in 2016, Molten Ventures has invested over £1 billion in tech companies, offering public investors access to rapidly growing tech businesses.
YTD Price Performance: -2.35%
Average Trading Volume: 470,069
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £575.8M
For an in-depth examination of GROW stock, go to TipRanks’ Stock Analysis page.
