Baillie Gifford European Growth Trust Buys Back 140,000 Shares for Treasury

Baillie Gifford European Growth Trust PLC GBP ( (GB:BGEU) ) has provided an announcement.

Baillie Gifford European Growth Trust plc has repurchased 140,000 ordinary shares at 106.00p each, with the shares to be held in treasury. Following this transaction, the trust now holds 97,200,823 shares in treasury and has 305,242,867 shares in issue excluding treasury stock, a figure shareholders are advised to use as the denominator for regulatory threshold calculations under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:BGEU) stock is a Hold with a £109.00 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 55 reflects a balanced view of Baillie Gifford European Growth Trust PLC GBP. The most significant factor is the mixed financial performance, with strong profitability but concerns over revenue decline and cash flow volatility. Technical analysis provides a slightly positive outlook, while valuation indicates moderate pricing. The absence of earnings call and corporate events data limits further insights.

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

More about Baillie Gifford European Growth Trust PLC GBP

Baillie Gifford European Growth Trust plc is a UK-listed investment trust focused on European equities, managed by Baillie Gifford. It aims to deliver long-term capital growth by investing in a portfolio of European companies, offering investors diversified exposure to the region’s stock markets.

Average Trading Volume: 546,063

Technical Sentiment Signal: Buy

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