BlackRock Throgmorton Trust PLC GBP (GB:THRG) has released an update.
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BlackRock Throgmorton Trust PLC has announced the buyback of 50,000 of its own shares at an average price of 635.28 pence each, to be held as treasury shares. Following the purchase, the Company’s issued share capital will be 90,221,864 Ordinary Shares, with an additional 12.58% of shares held in treasury. This move may signal confidence in the company’s value, affecting investor perceptions and potential market actions.
For further insights into GB:THRG stock, check out TipRanks’ Stock Analysis page.
