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The latest announcement is out from Aberforth Smaller Companies Trust PLC ( (GB:ASL) ).
Aberforth Smaller Companies Trust PLC announced a market purchase of 35,000 of its own ordinary shares at a price of 1,402.67p per share. This move reduces the total number of ordinary shares in issue to 83,692,105, highlighting the company’s ongoing strategy to consolidate its share capital, potentially enhancing shareholder value.
More about Aberforth Smaller Companies Trust PLC
Aberforth Smaller Companies Trust PLC operates in the financial sector, focusing on investment in smaller UK companies. The trust is involved in purchasing its own shares as part of its market strategy.
YTD Price Performance: -3.95%
Average Trading Volume: 150,121
Technical Sentiment Consensus Rating: Sell
For detailed information about ASL stock, go to TipRanks’ Stock Analysis page.
