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Aberforth Smaller Companies Trust PLC ( (GB:ASL) ) has issued an update.
Aberforth Smaller Companies Trust PLC announced a market purchase of 30,000 of its own ordinary shares at a price of 1,418.8667p per share. This transaction is part of the authority granted at the Annual General Meeting, and following this purchase, the company has canceled a total of 870,500 ordinary shares, leaving 83,364,105 shares in issue. This action reflects the company’s ongoing strategy to manage its share capital effectively, which could influence its stock price and shareholder value.
More about Aberforth Smaller Companies Trust PLC
Aberforth Smaller Companies Trust PLC operates in the financial industry, focusing on investment services, particularly in the area of smaller company investments.
YTD Price Performance: -3.13%
Average Trading Volume: 150,860
Technical Sentiment Consensus Rating: Sell
For a thorough assessment of ASL stock, go to TipRanks’ Stock Analysis page.
