News Insights
CVC Income & Growth Limited has made significant announcements regarding its financial performance and share management in the past week. As of January 24, 2025, the estimated Net Asset Values (NAV) per share for the company were reported at €1.0999 for Euro shares (up 0.39%) and £1.2082 for Sterling shares (up 0.37%). These figures are provisional and may be adjusted in the final month-end NAV report. Additionally, the Board declared a quarterly interim dividend of 3.3038 pence per ordinary Sterling share and 2.0486 cents per ordinary Euro share, marking an increase from previously indicated dividend amounts, reflecting a commitment to shareholder returns.
Furthermore, CVC Income & Growth Limited has actively managed its equity, recently reselling 250,000 Sterling shares from treasury on both January 29 and January 30, at a price of £1.2127 per share to satisfy ongoing demand. Following these transactions, the company's issued share capital is approximately 84.37 million ordinary Euro shares and 124.37 million ordinary Sterling shares. In a related development, a share conversion process was initiated, converting eligible Euro shares into Sterling shares, underscoring the management's efforts to optimize share liquidity and meet investor demand.
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