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City of London Investment Trust PLC Executes Share Buyback

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City of London Investment Trust PLC Executes Share Buyback

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

City of London Investment Trust PLC has executed a market purchase of 376,712 of its own shares at a price of 439.958292p per share, which will be held in Treasury. This transaction affects the company’s voting rights, now totaling 32,848,489, which shareholders can use to determine their notification requirements under the FCA’s rules.

More about City of London Investment Trust PLC

City of London Investment Trust PLC operates within the financial services industry, focusing on investment management. It primarily offers investment trust services, aiming to provide long-term growth in income and capital by investing in a diversified portfolio of primarily UK equities.

YTD Price Performance: 6.46%

Technical Sentiment Consensus Rating: Sell

For an in-depth examination of CTY stock, go to TipRanks’ Stock Analysis page.

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