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Monks Investment Trust Announces Share Buyback

Monks Investment Trust Announces Share Buyback

Monks Investment Trust Shs GBP (GB:MNKS) has released an update.

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Monks Investment Trust PLC has reported the buyback of 400,000 of its own ordinary shares at a price of 1,136.49p each, which will subsequently be held in the company’s Treasury. As a result of this transaction, the total number of shares in Treasury now stands at 48,505,794, leaving 204,665,666 shares in issue for shareholders. This share buyback is a key financial move that could affect shareholders’ notification requirements under regulatory rules.

For further insights into GB:MNKS stock, check out TipRanks’ Stock Analysis page.

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