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Schroders Trust Buys Back and Cancels Shares

Schroder UK Public Private Trust (GB:INOV) has released an update.

Schroders Capital Global Innovation Trust plc has bought back 120,000 of its own shares at 11.5 pence each, subsequently cancelling them, which now leaves the company with an issued share capital of 826,560,026. This repurchase could impact shareholders’ notification requirements under the Financial Conduct Authority’s rules.

For further insights into GB:INOV stock, check out TipRanks’ Stock Analysis page.

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