Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
XLMedia ( (GB:XLM) ) has shared an update.
XLMedia has announced significant changes in its board following the sale of most of its assets, a move aimed at reducing costs and maintaining governance. The company plans a further return of capital in H1 2025 and expects its shares to be suspended from AIM trading by May 2025. The current board members, including CEO David King, will leave by June 2025, and new board member Peter McCall will oversee the wind-down process. These developments signal a shift towards winding down operations and maximizing shareholder returns.
More about XLMedia
XLMedia is a digital media company focusing on sports and gaming sectors. The company has recently completed the disposal of its sports and gaming digital media operations.
YTD Price Performance: 26.90%
Average Trading Volume: 2,024,375
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £23.59M
Find detailed analytics on XLM stock on TipRanks’ Stock Analysis page.
