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Finsbury Gwth & Inc Shs ( (GB:FGT) ) just unveiled an announcement.
Finsbury Growth & Income Trust PLC has conducted a market purchase of 349,000 of its own shares at a price of 807.65 pence per share. These shares will be held in treasury, bringing the total number of treasury shares to 100,909,779. This transaction affects the total number of voting rights in the company, which now stands at 124,081,524. Shareholders can use this figure for calculations of interests in the company’s voting rights in line with FCA’s Disclosure Guidance 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
Average Trading Volume: 796,050
Technical Sentiment Signal: Sell
See more data about FGT stock on TipRanks’ Stock Analysis page.