STS Global Income & Growth Trust PLC ( (GB:STS) ) has provided an update.
STS Global Income & Growth Trust PLC has announced the repurchase of 50,000 of its own Ordinary shares at a price of 245.00 pence per share. This transaction is part of the company’s strategy to manage its share capital effectively, holding these shares in Treasury. The move affects the company’s share capital composition, with 122,441,415 Issued Ordinary Shares excluding Treasury shares and a total of 175,188,185 Issued Ordinary Shares including Treasury shares. This transaction is significant for stakeholders as it may impact the calculation of their interest in the company, in accordance with FCA’s Disclosure Guidance and Transparency Rules.
More about STS Global Income & Growth Trust PLC
YTD Price Performance: 4.76%
Average Trading Volume: 149,284
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £296.4M
For a thorough assessment of STS stock, go to TipRanks’ Stock Analysis page.
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