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BP Marsh & Partners PLC - London-based venture capital investor in financial services businesses - Plans new dividend and buyback policy for the 2024, 2025 and 2026 financial years ending on January 31, with an aggregate of £2 million per year being distributed via dividends. Further, it intends to conduct a £6.0 million return of capital after the sale of Kentro for £51.5 million. Meanwhile, cash and treasury funds as at July 31 were £4.3 million, down from £12.1 million as at January 31, as the company provided loans to the investment portfolio. Current stock price: 381.50 pence, up 4.5% on Monday 12-month change: up 27% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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