Foresight Tech VCT: What's Happening with Their Shares?
Date: January 13, 2026
Strategic Share Repurchase
Foresight Technology VCT plc has initiated a share buyback, acquiring 308,731 shares at 87.4p each, all designated for cancellation. This strategic move aims to adjust the company's capital structure.
Updated Capital Composition
Post-purchase, the company's capital breakdown is as follows:
- Voting Shares: 45,700,720
- Non-Voting Preference Shares: 34,046,589
Notably, the company holds no shares in treasury, ensuring all shares are actively traded.
Transparency and Compliance
The share buyback was conducted with full transparency. All inside information was publicly disclosed prior to the transaction, adhering to regulatory standards.
Shareholder Considerations
The total voting rights now stand at 45,700,720. Shareholders should take note of this figure, as it is crucial for determining any changes in their own shareholdings in accordance with FCA regulations.
Implications of the Buyback
Share buybacks can signal several strategic intentions:
- Undervaluation Perception: The company may believe its shares are undervalued.
- Value Return: It could be a mechanism to return value to shareholders.
Regardless of the specific motivation, this move is significant and warrants attention.