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 purchase of 175,000 of its own shares at an average price of 229.43 pence each, which will be held in Treasury. Following the buyback, the total number of Issued Ordinary Shares is 128,732,415, excluding those held in Treasury. This move is part of the company’s capital management strategy and may influence the company’s share value and shareholder interest.
For further insights into GB:STS stock, check out TipRanks’ Stock Analysis page.