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Aberforth Smaller Companies Trust PLC ( (GB:ASL) ) just unveiled an announcement.
Aberforth Smaller Companies Trust PLC announced the repurchase of 40,000 of its ordinary shares at a price of 1,410.975p each. This transaction is part of an ongoing initiative to manage the company’s share capital, reducing the total number of shares in issue to 83,727,105. The buyback strategy is expected to enhance shareholder value by optimizing capital structure.
More about Aberforth Smaller Companies Trust PLC
Aberforth Smaller Companies Trust PLC operates in the investment management industry, focusing on providing investment services primarily in smaller UK companies.
YTD Price Performance: -3.95%
Average Trading Volume: 150,121
Technical Sentiment Consensus Rating: Sell
Find detailed analytics on ASL stock on TipRanks’ Stock Analysis page.
