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 buyback of 175,000 of its own shares at an average price of 228.43 pence each, which will be held in Treasury. Following this buyback, the company’s total issued share capital stands at 129,312,415 Ordinary Shares, excluding those held in Treasury. This strategic move 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.