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STS Global Income & Growth Trust PLC Buys Back Shares

Story Highlights

An announcement from STS Global Income & Growth Trust PLC ( (GB:STS) ) is now available.

STS Global Income & Growth Trust PLC announced the purchase of 50,000 of its own ordinary shares at 241.00 pence per share, which will be held in treasury. This transaction affects the company’s share capital, now comprising 121,581,415 issued ordinary shares excluding treasury shares, and 175,188,185 including them. This move could potentially impact the company’s market positioning by adjusting the available shares for trading, influencing shareholder interest and market perceptions.

More about STS Global Income & Growth Trust PLC

STS Global Income & Growth Trust PLC operates in the financial services industry, focusing on investment management. The company primarily deals with income and growth investment strategies, targeting a diverse range of market opportunities to maximize shareholder returns.

YTD Price Performance: 3.46%

Average Trading Volume: 134,670

Technical Sentiment Consensus Rating: Sell

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

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