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Aberforth Smaller Companies Trust PLC ( (GB:ASL) ) has shared an announcement.
Aberforth Smaller Companies Trust PLC announced the purchase and cancellation of 20,000 of its ordinary shares at a price of 1,423.05p each, reducing the total number of shares in issue. This move is part of a broader authority to buy back shares, with a total of 988,500 shares purchased and cancelled under this mandate, potentially enhancing shareholder value and improving the company’s stock market performance.
More about Aberforth Smaller Companies Trust PLC
Aberforth Smaller Companies Trust PLC operates in the financial industry and focuses on managing a portfolio of smaller UK companies, aiming to deliver capital growth over the long term.
YTD Price Performance: -2.86%
Average Trading Volume: 145,941
Technical Sentiment Consensus Rating: Sell
For a thorough assessment of ASL stock, go to TipRanks’ Stock Analysis page.
