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Baillie Gifford European Growth Trust Acquires Own Shares

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Baillie Gifford European Growth Trust Acquires Own Shares

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The latest announcement is out from Baillie Gifford European Growth Trust PLC GBP ( (GB:BGEU) ).

Baillie Gifford European Growth Trust plc, a company involved in the acquisition or disposal of its own shares, announced the purchase of 140,000 Ordinary Shares at a price of 107.00p, which will be held in Treasury. This transaction results in a total of 95,380,823 shares held in Treasury, with 307,062,867 shares remaining in issue, serving as a reference for shareholders under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:BGEU) stock is a Hold with a £116.00 price target. To see the full list of analyst forecasts on Baillie Gifford European Growth Trust PLC GBP stock, see the GB:BGEU Stock Forecast page.

Spark’s Take on GB:BGEU Stock

According to Spark, TipRanks’ AI Analyst, GB:BGEU is a Neutral.

The overall stock score of 66 reflects strong financial performance improvements and positive technical indicators. However, the negative P/E ratio and low dividend yield weigh down the valuation score, indicating potential risks in profitability and income generation.

To see Spark’s full report on GB:BGEU stock, click here.

More about Baillie Gifford European Growth Trust PLC GBP

Average Trading Volume: 669,783

Technical Sentiment Signal: Buy

See more insights into BGEU stock on TipRanks’ Stock Analysis page.

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