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An announcement from Finsbury Gwth & Inc Shs ( (GB:FGT) ) is now available.
Finsbury Growth & Income Trust PLC has repurchased 88,435 of its own ordinary shares at 827.89 pence per share, with the shares to be held in treasury rather than cancelled. Following this transaction, the trust now holds 105,756,290 shares in treasury and has 119,235,013 ordinary shares in issue carrying voting rights, a figure shareholders can use as the denominator when calculating their interests in accordance with UK disclosure and transparency rules.
Spark’s Take on GB:FGT Stock
According to Spark, TipRanks’ AI Analyst, GB:FGT is a Outperform.
Finsbury Growth & Income Trust’s overall stock score of 71 reflects a strong financial position and positive corporate developments. The robust balance sheet and reasonable valuation underpin the score, while challenges remain in operational efficiency and technical momentum. The company’s recent governance and strategic actions, such as the portfolio manager’s stake increase, add to investor confidence.
To see Spark’s full report on GB:FGT stock, click here.
More about Finsbury Gwth & Inc Shs
Finsbury Growth & Income Trust PLC is a UK-listed investment trust focused on delivering long-term capital growth and income to shareholders through a diversified portfolio of primarily UK equities. The company targets investors seeking exposure to quality businesses with sustainable earnings and dividends, positioning itself as a core holding for income-focused and growth-oriented portfolios in the UK investment trust sector.
Average Trading Volume: 919,994
Technical Sentiment Signal: Sell
Find detailed analytics on FGT stock on TipRanks’ Stock Analysis page.