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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 provided an update.

Aberforth Smaller Companies Trust PLC has announced the market purchase and cancellation of 30,000 Ordinary shares at a price of 1,400.00p per share as part of its share buyback strategy authorized at the company’s Annual General Meeting. This move reduces the total number of shares in circulation to 82,936,105 and is part of a broader strategy by the trust to enhance shareholder value by consolidating its share capital.

More about Aberforth Smaller Companies Trust PLC

Aberforth Smaller Companies Trust PLC operates in the investment industry, focusing on investing in smaller UK-based companies. The company aims to deliver capital growth by targeting undervalued businesses within this specific market segment.

YTD Price Performance: -2.30%

Average Trading Volume: 144,009

Technical Sentiment Consensus Rating: Sell

For an in-depth examination of ASL stock, go to TipRanks’ Stock Analysis page.

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