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Finsbury Gwth & Inc Shs ( (GB:FGT) ) has issued an announcement.
Finsbury Growth & Income Trust PLC announced the purchase of 90,002 of its own shares at a price of 886.39 pence per share, which will be held in treasury. This transaction brings the total number of shares held in treasury to 87,302,597, and the total voting rights to 137,688,706, impacting shareholders’ calculations of voting interests.
Spark’s Take on GB:FGT Stock
According to Spark, TipRanks’ AI Analyst, GB:FGT is a Outperform.
Finsbury Growth & Income Trust’s overall stock score of 71 reflects a strong financial position and positive corporate developments. The robust balance sheet and reasonable valuation underpin the score, while challenges remain in operational efficiency and technical momentum. The company’s recent governance and strategic actions, such as the portfolio manager’s stake increase, add to investor confidence.
To see Spark’s full report on GB:FGT stock, click here.
More about Finsbury Gwth & Inc Shs
Average Trading Volume: 459,612
Technical Sentiment Signal: Buy
Learn more about FGT stock on TipRanks’ Stock Analysis page.