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Aberforth Smaller Companies Trust PLC ( (GB:ASL) ) has shared an update.
Aberforth Smaller Companies Trust PLC announced the market purchase and cancellation of 30,000 of its own ordinary shares at a price of 1,405.58p per share, following the authority granted at its recent Annual General Meeting. This strategic move reduces the total number of shares in circulation to 83,053,105, which could potentially enhance shareholder value by increasing earnings per share and demonstrating confidence in the company’s financial health.
More about Aberforth Smaller Companies Trust PLC
Aberforth Smaller Companies Trust PLC operates within the financial industry, focusing on managing investments primarily in smaller companies. The company aims to deliver capital growth by investing in a diversified portfolio of smaller UK companies, targeting long-term shareholder returns.
YTD Price Performance: -2.02%
Average Trading Volume: 145,452
Technical Sentiment Consensus Rating: Sell
See more insights into ASL stock on TipRanks’ Stock Analysis page.
