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BlackRock Throgmorton Trust PLC Acquires Own Shares for Treasury

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BlackRock Throgmorton Trust PLC GBP ( (GB:THRG) ) has issued an update.

BlackRock Throgmorton Trust PLC has announced the purchase of 125,000 of its own ordinary shares at an average price of 530.36 pence per share to be held in treasury. This transaction will result in 22.68% of the company’s total issued share capital being held in treasury, which does not carry any voting rights. The move is part of the company’s ongoing strategy to manage its share capital and can impact the market’s perception of the company’s value and shareholder interests.

More about BlackRock Throgmorton Trust PLC GBP

YTD Price Performance: -7.31%

Average Trading Volume: 379,187

Technical Sentiment Consensus Rating: Buy

See more insights into THRG stock on TipRanks’ Stock Analysis page.

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