An update from STS Global Income & Growth Trust PLC ( (GB:STS) ) is now available.
STS Global Income & Growth Trust PLC has repurchased 50,000 of its own ordinary shares at a price of 240.50 pence per share to be held in treasury. This transaction affects the company’s share capital structure, which now comprises 121,211,415 issued ordinary shares excluding treasury shares. This move may impact the market’s perception of the company’s stock value and liquidity, as well as influence stakeholders’ decisions regarding their interests in the company.
More about STS Global Income & Growth Trust PLC
STS Global Income & Growth Trust PLC operates in the financial sector, focusing on investment management. The company primarily deals with income and growth investment strategies, aiming to provide shareholders with a combination of capital growth and income.
YTD Price Performance: 3.90%
Average Trading Volume: 139,527
Technical Sentiment Signal: Sell
Learn more about STS stock on TipRanks’ Stock Analysis page.