Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest announcement is out from Finsbury Gwth & Inc Shs ( (GB:FGT) ).
Finsbury Growth & Income Trust PLC has announced the purchase of 152,271 of its own shares at a price of 823.72 pence per share, which will be held in treasury. This transaction increases the total number of treasury shares to 105,263,098, and adjusts the total number of voting rights to 119,728,205, impacting shareholder calculations in accordance with FCA 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: 916,271
Technical Sentiment Signal: Sell
Learn more about FGT stock on TipRanks’ Stock Analysis page.