STS Global Income & Growth Trust PLC (GB:STS) has released an update.
STS Global Income & Growth Trust PLC has announced the repurchase of 135,000 of its own Ordinary shares at an average price of 224.48 pence each, which will be held in Treasury. Following this buyback, the company’s issued share capital consists of 130,077,415 Ordinary Shares, excluding the 45,110,770 shares now held in Treasury. This transaction is part of the company’s capital management strategy and may influence the share valuation for current and potential investors.
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