Oakley Capital Investments ( (GB:OCI) ) has provided an announcement.
Oakley Capital Investments Limited has announced a capital allocation update, highlighting a new annual share buyback program of at least £20 million, reflecting the Board’s confidence in the company’s undervalued shares. The company has decided to cancel its nominal annual dividend in favor of this buyback strategy. Additionally, OCI has committed €500 million to Oakley Capital VI, a fund targeting mid-market, founder-led European businesses in sectors like Technology and Education. This move aligns with OCI’s strategy to enhance shareholder returns and strengthen its market position.
More about Oakley Capital Investments
Oakley Capital Investments Limited (OCI) is a listed investment company that aims to provide shareholders with consistent long-term capital growth exceeding the FTSE All-Share Index. It achieves this by investing in funds managed by Oakley Capital, which focuses on private equity returns through its various funds. Oakley Capital, founded in 2002, specializes in sourcing growth assets and has a strong network for deal generation.
YTD Price Performance: -8.37%
Average Trading Volume: 170,260
Technical Sentiment Signal: Hold
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