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Aberforth Smaller Companies Trust PLC ( (GB:ASL) ) has issued an update.
Aberforth Smaller Companies Trust PLC announced the acquisition and subsequent cancellation of 25,000 of its ordinary shares at 1,414.80 pence per share, part of an ongoing share buyback initiative authorized at the March 2024 AGM. This move reduces the total number of shares in issue to 83,113,105 and reflects the company’s strategy to enhance shareholder value by adjusting the supply of outstanding shares.
More about Aberforth Smaller Companies Trust PLC
Aberforth Smaller Companies Trust PLC operates within the financial industry, focusing on smaller companies. It primarily engages in investment activities through a diversified portfolio of smaller UK-based companies, aiming to achieve capital growth.
YTD Price Performance: -1.60%
Average Trading Volume: 146,609
Technical Sentiment Consensus Rating: Sell
For an in-depth examination of ASL stock, go to TipRanks’ Stock Analysis page.
