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Baillie Gifford European Growth Trust PLC Acquires Own Shares

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Baillie Gifford European Growth Trust PLC Acquires Own Shares

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Baillie Gifford European Growth Trust PLC GBP ( (GB:BGEU) ) has issued an update.

Baillie Gifford European Growth Trust PLC has announced the purchase of 140,000 of its own ordinary shares at a price of 108.00p, which will be held in Treasury. This transaction affects the number of shares available for shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules, potentially impacting shareholder interests and company transparency.

The most recent analyst rating on (GB:BGEU) stock is a Hold with a £116.00 price target. To see the full list of analyst forecasts on Baillie Gifford European Growth Trust PLC GBP stock, see the GB:BGEU Stock Forecast page.

Spark’s Take on GB:BGEU Stock

According to Spark, TipRanks’ AI Analyst, GB:BGEU is a Neutral.

The overall stock score of 66 reflects strong financial performance improvements and positive technical indicators. However, the negative P/E ratio and low dividend yield weigh down the valuation score, indicating potential risks in profitability and income generation.

To see Spark’s full report on GB:BGEU stock, click here.

More about Baillie Gifford European Growth Trust PLC GBP

Baillie Gifford European Growth Trust PLC is an investment company focused on European markets. It primarily deals with acquiring and managing securities to provide growth opportunities for its shareholders.

Average Trading Volume: 672,102

Technical Sentiment Signal: Buy

See more data about BGEU stock on TipRanks’ Stock Analysis page.

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