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Aberforth Smaller Companies Trust PLC ( (GB:ASL) ) just unveiled an update.
Aberforth Smaller Companies Trust PLC has exercised its authority to repurchase its own shares, executing a market purchase of 27,000 ordinary shares at a price of 1,472.00 per share. Following this transaction, the total number of shares remaining in issue is 83,892,605, demonstrating a strategic move to potentially enhance shareholder value through share buybacks.
More about Aberforth Smaller Companies Trust PLC
Aberforth Smaller Companies Trust PLC operates in the financial sector, focusing on investments in smaller UK companies. The trust aims to provide shareholders with capital growth by investing in a diversified portfolio of small companies across various industries.
YTD Price Performance: 11.15%
Average Trading Volume: 176,286
Technical Sentiment Consensus Rating: Sell
For an in-depth examination of ASL stock, go to TipRanks’ Stock Analysis page.
