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City of London Investment Trust PLC Acquires Own Shares, Updates Voting Rights

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City of London Investment Trust PLC Acquires Own Shares, Updates Voting Rights

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

The City of London Investment Trust PLC announced a market purchase of 222,101 of its own shares at a price of 439.270147p per share, which will be held in Treasury. This transaction affects the number of voting rights in the company, now totaling 32,970,336, and provides shareholders with updated figures for calculating their interest in compliance with FCA’s regulations.

More about City of London Investment Trust PLC

The City of London Investment Trust PLC operates in the investment management industry, primarily focusing on managing investment trusts. It is involved in making market purchases of its own shares, thereby playing a role in the financial markets.

YTD Price Performance: 2.53%

Technical Sentiment Consensus Rating: Strong Sell

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

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