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City of London Investment Trust Executes Share Buyback

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City of London Investment Trust Executes Share Buyback

City of London Investment Trust PLC ( (GB:CTY) ) just unveiled an announcement.

The City of London Investment Trust PLC has executed a market purchase of 142,800 of its own shares at 433.0p per share, which will be held in treasury. The purchase maintains the company’s issued ordinary share capital at 502,664,868 shares, with 493,881,923 shares available for voting purposes. The total number of voting rights now stands at 32,985,143, which is crucial for shareholders calculating their interests under FCA regulations.

More about City of London Investment Trust PLC

The City of London Investment Trust PLC is involved in the investment management industry, primarily focusing on managing investment trusts. It aims to deliver reliable long-term returns to its investors through a diversified portfolio of primarily UK companies.

YTD Price Performance: 0.28%

Technical Sentiment Consensus Rating: Sell

For detailed information about CTY stock, go to TipRanks’ Stock Analysis page.

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