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Aberforth Smaller Companies Trust PLC ( (GB:ASL) ) just unveiled an announcement.
Aberforth Smaller Companies Trust PLC announced the market purchase of 40,000 of its own ordinary shares at a price of 1,481.4759 per share, as part of its strategy to manage share capital and enhance shareholder value. This transaction, which follows the authority granted at their Annual General Meeting, results in a reduction of the total number of issued shares to 83,919,605, reflecting the company’s ongoing commitment to optimizing its capital structure.
More about Aberforth Smaller Companies Trust PLC
Aberforth Smaller Companies Trust PLC is an investment company that focuses on smaller UK companies, aiming to generate growth and returns by investing in a diversified portfolio of equities within the smaller companies market segment.
YTD Price Performance: 11.60%
Average Trading Volume: 176,897
Technical Sentiment Consensus Rating: Sell
For detailed information about ASL stock, go to TipRanks’ Stock Analysis page.
