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Aberforth Smaller Companies Trust PLC ( (GB:ASL) ) has shared an announcement.
Aberforth Smaller Companies Trust PLC has announced the purchase and cancellation of 28,000 of its own ordinary shares at a price of 1,399.8143p per share, following the authority granted at its Annual General Meeting. This transaction reduces the total number of shares in issue to 82,966,105, reflecting the company’s ongoing strategy to manage its share capital effectively, which may positively impact shareholder value and market perception.
More about Aberforth Smaller Companies Trust PLC
Aberforth Smaller Companies Trust PLC operates within the financial sector, focusing on investment in smaller UK companies. It primarily provides investment management services, aiming to generate growth by investing in a diversified portfolio of smaller company stocks.
YTD Price Performance: -2.02%
Average Trading Volume: 145,375
Technical Sentiment Consensus Rating: Sell
For detailed information about ASL stock, go to TipRanks’ Stock Analysis page.
