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Aberforth Smaller Companies Trust Executes Share Buyback

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Aberforth Smaller Companies Trust Executes Share Buyback

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Aberforth Smaller Companies Trust PLC ( (GB:ASL) ) has shared an announcement.

Aberforth Smaller Companies Trust PLC has executed a market purchase of 30,000 of its own ordinary shares at a price of 1,408.25p per share, as part of the authority granted during its Annual General Meeting. This transaction, which results in a total of 1,066,500 shares being purchased and cancelled under the existing authority, aims to reduce the number of shares in circulation, potentially enhancing shareholder value and impacting the company’s market positioning.

More about Aberforth Smaller Companies Trust PLC

Aberforth Smaller Companies Trust PLC operates within the investment trust industry, focusing on investing in smaller UK companies. Its primary service involves the management of a diversified portfolio of such companies, aiming to achieve capital growth.

YTD Price Performance: -1.46%

Average Trading Volume: 140,547

Technical Sentiment Consensus Rating: Sell

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

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