City of London Investment Trust PLC (GB:CTY) has released an update.
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The City of London Investment Trust PLC successfully passed all resolutions at its recent Annual General Meeting, including key decisions on dividend payment policy and share allotment. Shareholders approved the company’s strategy to pay four quarterly dividends and authorized the directors to manage share capital flexibly, allowing for market purchases and sales without pre-emptive rights. These decisions underscore the trust’s commitment to shareholder returns and strategic growth.
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