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Aberforth Smaller Companies Trust PLC ( (GB:ASL) ) has provided an announcement.
Aberforth Smaller Companies Trust PLC announced the repurchase of 27,000 of its own ordinary shares at a price of 1,429.2519p each, as part of an ongoing buyback program authorized by its annual general meeting. This transaction reduces the total number of shares in circulation, potentially increasing the value of remaining shares and reflecting the company’s strategic effort to optimize shareholder value.
More about Aberforth Smaller Companies Trust PLC
Aberforth Smaller Companies Trust PLC operates within the financial industry, focusing on investment management services. The company primarily invests in smaller UK companies, aiming to deliver long-term returns to its stakeholders.
YTD Price Performance: -3.27%
Average Trading Volume: 149,959
Technical Sentiment Consensus Rating: Sell
For an in-depth examination of ASL stock, go to TipRanks’ Stock Analysis page.
