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Edinburgh Investment Trust PLC ( (GB:EDIN) ) just unveiled an update.
Edinburgh Investment Trust PLC has announced the purchase of 50,000 of its ordinary shares at an average price of 762.90p per share on the London Stock Exchange. This transaction is part of the company’s strategy to manage its share capital, with the purchased shares being held in treasury. Following this acquisition, the total number of shares with voting rights is 145,041,025, which reflects the company’s ongoing efforts to optimize its capital structure and potentially enhance shareholder value.
More about Edinburgh Investment Trust PLC
Edinburgh Investment Trust PLC is a company that operates within the investment trust industry, focusing on managing a portfolio of investments for its shareholders. It primarily engages in investment activities on the London Stock Exchange, aiming to provide returns to investors through strategic share purchases and treasury holdings.
YTD Price Performance: 1.45%
Average Trading Volume: 4,963
Technical Sentiment Consensus Rating: Sell
Find detailed analytics on EDIN stock on TipRanks’ Stock Analysis page.
