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TruFin Acquires and Cancels 15,000 Ordinary Shares

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TruFin Acquires and Cancels 15,000 Ordinary Shares

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An update from TruFin ( (GB:TRU) ) is now available.

TruFin plc has acquired 15,000 of its own ordinary shares at an average price of 115.00 pence per share, with plans to cancel these shares. This transaction reduces the total number of ordinary shares with voting rights to 103,049,449, affecting shareholder calculations under the Financial Conduct Authority’s rules.

Spark’s Take on GB:TRU Stock

According to Spark, TipRanks’ AI Analyst, GB:TRU is a Outperform.

TruFin’s strong financial performance and positive corporate events are the most significant factors driving the score. The technical analysis also supports a bullish outlook. However, the valuation is moderate, and the absence of dividend yield slightly tempers the overall attractiveness.

To see Spark’s full report on GB:TRU stock, click here.

More about TruFin

TruFin plc is a holding company for three growth-focused technology businesses operating in niche markets, including early payment provision, invoice finance, and mobile games publishing. The company was admitted to AIM in February 2018 and trades under the ticker symbol TRU.

Average Trading Volume: 185,724

Technical Sentiment Signal: Buy

Current Market Cap: £101.5M

For an in-depth examination of TRU stock, go to TipRanks’ Overview page.

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