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The latest update is out from Finsbury Gwth & Inc Shs ( (GB:FGT) ).
Finsbury Growth & Income Trust PLC has announced the repurchase of 170,000 of its own shares at a price of 845.25 pence per share, which will be held in treasury. This transaction brings the total number of shares held in treasury to 91,382,416, and the total number of voting rights in the company to 133,608,887, which shareholders can use for calculations of interests in 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: 558,139
Technical Sentiment Signal: Hold
Find detailed analytics on FGT stock on TipRanks’ Stock Analysis page.