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STS Global Trust Announces Share Buyback

STS Global Trust Announces Share Buyback

STS Global Income & Growth Trust PLC (GB:STS) has released an update.

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STS Global Income & Growth Trust PLC has announced the repurchase of 125,000 of its own shares at an average price of 226.1 pence per share, which will be held in Treasury. Following this buyback, the company’s issued share capital totals 129,802,415 Ordinary Shares, excluding those held in treasury. This buyback is part of the company’s effort to manage its capital effectively.

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

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