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Baillie Gifford European Growth Trust Purchases Own Shares

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Baillie Gifford European Growth Trust Purchases Own Shares

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

Baillie Gifford European Growth Trust plc, a company involved in the management and growth of European investments, has announced the purchase of 75,000 of its own ordinary shares at a price of 95.60p each. These shares will be held in Treasury, altering the total number of shares available for public trading. This transaction brings the total number of shares held in Treasury to 54,761,105, leaving 347,682,585 shares in issue. Shareholders can use this figure to determine if they need to notify changes in their interest under the FCA’s rules. The acquisition of these shares could impact the market perception of the company’s value and influence its stock liquidity.

More about Baillie Gifford European Growth Trust PLC GBP

YTD Price Performance: 12.71%

Average Trading Volume: 646,542

Technical Sentiment Consensus Rating: Strong Sell

For detailed information about BGEU stock, go to TipRanks’ Stock Analysis page.

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