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Edinburgh Investment Trust PLC Repurchases Shares to Hold in Treasury

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Edinburgh Investment Trust PLC Repurchases Shares to Hold in Treasury

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Edinburgh Investment Trust PLC ( (GB:EDIN) ) has shared an update.

Edinburgh Investment Trust PLC has announced a transaction involving the repurchase of 15,000 of its ordinary shares on the London Stock Exchange, executed through Investec Bank plc. The shares, purchased at an average price of 705.00p, will be held in treasury, reducing the number of shares with voting rights to 144,306,025. This move is part of the company’s capital management strategy, potentially impacting shareholder value and market perception.

More about Edinburgh Investment Trust PLC

YTD Price Performance: -1.14%

Technical Sentiment Signal: Sell

See more data about EDIN stock on TipRanks’ Stock Analysis page.

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