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Baillie Gifford European Growth Trust PLC Acquires Own Shares

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Baillie Gifford European Growth Trust PLC Acquires Own Shares

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An update from Baillie Gifford European Growth Trust PLC GBP ( (GB:BGEU) ) is now available.

Baillie Gifford European Growth Trust PLC announced the purchase of 140,000 of its own ordinary shares at a price of 106.50p, which will be held in Treasury. This transaction adjusts the number of shares in issue, impacting shareholder calculations 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

Baillie Gifford European Growth Trust PLC is a company involved in investment management, focusing on European markets. It primarily deals with the acquisition and disposal of its own shares, aiming to optimize shareholder value.

Average Trading Volume: 684,748

Technical Sentiment Signal: Buy

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

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