Aberforth Smaller Companies Trust PLC (GB:ASL) has released an update.
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Aberforth Smaller Companies Trust PLC has repurchased 30,000 of its own ordinary shares at a price of 1,511.50p each, reducing the total number of shares in circulation to 84,014,605. This move is part of the company’s ongoing strategy to manage its share capital, having bought and cancelled 220,000 shares under the current authority. Investors may find this repurchase indicative of the company’s confidence in its market position and future prospects.
For further insights into GB:ASL stock, check out TipRanks’ Stock Analysis page.
