tiprankstipranks
Company Announcements

Aberforth Smaller Companies Trust Announces Share Buyback

Story Highlights
Aberforth Smaller Companies Trust Announces Share Buyback

Discover the Best Stocks and Maximize Your Portfolio:

Aberforth Smaller Companies Trust PLC ( (GB:ASL) ) has provided an update.

Aberforth Smaller Companies Trust PLC announced the market purchase of 30,000 of its own ordinary shares at a price of 1,391.5667p per share. This transaction reduces the total number of shares in issue to 82,906,105 and is part of a broader strategy under the company’s authority to optimize its capital structure by purchasing and cancelling shares.

More about Aberforth Smaller Companies Trust PLC

Aberforth Smaller Companies Trust PLC operates within the financial sector, focusing on investment management, particularly in acquiring and managing smaller company equities. Its market focus is on investment strategies within the smaller UK companies segment.

YTD Price Performance: -2.02%

Average Trading Volume: 145,784

Technical Sentiment Consensus Rating: Sell

See more data about ASL stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1