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Finsbury Growth & Income Trust PLC Repurchases Own Shares

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Finsbury Growth & Income Trust PLC Repurchases Own Shares

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Finsbury Gwth & Inc Shs ( (GB:FGT) ) just unveiled an update.

Finsbury Growth & Income Trust PLC has repurchased 190,000 of its own shares at a price of 888.75 pence per share, which will be held in treasury. This transaction affects the total number of voting rights, now standing at 135,754,732, which shareholders can use for calculations of interests in the company’s voting rights.

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: 518,507

Technical Sentiment Signal: Buy

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

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