The latest update is out from STS Global Income & Growth Trust PLC ( (GB:STS) ).
STS Global Income & Growth Trust PLC announced the purchase of 85,000 of its own ordinary shares at an average price of 240.2941 pence per share, which will be held in treasury. This transaction affects the company’s share capital, with 121,261,415 issued ordinary shares excluding treasury shares, and 53,926,770 ordinary shares held in treasury. The move is part of the company’s strategic financial management, potentially impacting its market positioning and shareholder value.
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 managing a portfolio of income-generating assets aimed at providing growth and income to its stakeholders.
YTD Price Performance: 4.11%
Average Trading Volume: 137,089
Technical Sentiment Signal: Sell
See more insights into STS stock on TipRanks’ Stock Analysis page.