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Henderson High Income Trust PLC Executes Share Buyback

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Henderson High Income Trust PLC Executes Share Buyback

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Henderson High Income Trust PLC ( (GB:HHI) ) has shared an update.

Henderson High Income Trust PLC announced the market purchase of 20,424 of its own ordinary shares at a price of 181.5p per share, as authorized at their Annual General Meeting. This transaction, which results in the shares being held in treasury, affects the company’s voting rights structure, reducing the total number of voting rights to 169,519,008.

The most recent analyst rating on (GB:HHI) stock is a Buy with a £204.00 price target. To see the full list of analyst forecasts on Henderson High Income Trust PLC stock, see the GB:HHI Stock Forecast page.

Spark’s Take on GB:HHI Stock

According to Spark, TipRanks’ AI Analyst, GB:HHI is a Outperform.

Henderson High Income Trust PLC’s overall stock score is driven by its strong valuation and technical indicators, which suggest potential undervaluation and positive market momentum. Financial performance shows recovery and stability, further supporting the stock’s attractiveness. The absence of earnings call and corporate events data does not impact the score.

To see Spark’s full report on GB:HHI stock, click here.

More about Henderson High Income Trust PLC

Henderson High Income Trust PLC operates in the financial services industry, focusing on investment management. The company primarily offers investment trust services, aiming to provide high income returns to its stakeholders.

Average Trading Volume: 234,512

Technical Sentiment Signal: Buy

For a thorough assessment of HHI stock, go to TipRanks’ Stock Analysis page.

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