Monks Investment Trust Shs GBP (GB:MNKS) has released an update.
Monks Investment Trust PLC has announced the repurchase of 200,000 of its Ordinary Shares at a price of 1,231.11p each, which will be held in Treasury. This move leaves a total of 198,745,666 shares in circulation, allowing shareholders to adjust their holdings under FCA regulations. Such buybacks can often indicate confidence in the company’s future prospects.
For further insights into GB:MNKS stock, check out TipRanks’ Stock Analysis page.
