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IN BRIEF: Molten to commence additional £10 million buyback scheme

ALN

Molten Ventures PLC - technology-focused venture capital firm - Says it will launch an additional, up to £10 million buyback scheme upon completion of its £10 million buyback programme announced back in October. Notes that this brings the total committed since the initiation of the current programme in July 2024 to £60 million. The company says the scheme will be financed through existing cash resources, with Deutsche Numis, acting as agent, repurchasing shares on Molten’s behalf.

Current stock price: 519.50 pence, up 1.5% on Wednesday morning in London

12-month change: up 60%

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