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