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STS Global Income & Growth Trust PLC Repurchases Shares

Story Highlights
  • STS Global Income & Growth Trust PLC repurchased 55,000 shares at 245.00 pence each.
  • The transaction alters the company’s share capital, impacting stakeholders’ interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

STS Global Income & Growth Trust PLC ( (GB:STS) ) has issued an announcement.

STS Global Income & Growth Trust PLC has executed a transaction involving the repurchase of 55,000 of its own Ordinary shares at a price of 245.00 pence per share, which will be held in Treasury. This transaction affects the company’s share capital structure, with 121,816,415 Issued Ordinary Shares now in circulation, excluding Treasury shares, and 53,371,770 shares held in Treasury. This move reflects the company’s strategic decision to manage its share capital and can impact stakeholders’ interests as per FCA’s Disclosure Guidance and Transparency Rules.

More about STS Global Income & Growth Trust PLC

YTD Price Performance: 6.93%

Average Trading Volume: 148,334

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £301M

Learn more about STS stock on TipRanks’ Stock Analysis page.

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