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An announcement from Aberforth Smaller Companies Trust PLC ( (GB:ASL) ) is now available.
Aberforth Smaller Companies Trust PLC reported a strong performance for the year ending December 31, 2024, with a net asset value total return of 12.1% and a share price total return of 10.7%. The company raised its ordinary dividends by 5.1% and announced a special dividend, reflecting a robust year despite global economic uncertainties. The UK stock market’s renewed interest and high M&A activity contributed significantly to the company’s success. Additionally, the company continued its strategic use of a credit facility for gearing, enhancing investment returns and providing flexibility for share buy-backs.
More about Aberforth Smaller Companies Trust PLC
Aberforth Smaller Companies Trust PLC operates in the investment industry, focusing on achieving a net asset value total return greater than the Deutsche Numis Smaller Companies Index, excluding investment companies. The company invests in smaller UK-based companies and aims for long-term capital growth.
YTD Price Performance: -2.31%
Average Trading Volume: 145,920
Technical Sentiment Consensus Rating: Sell
For a thorough assessment of ASL stock, go to TipRanks’ Stock Analysis page.
