Aurora Investment Trust PLC ( (GB:ARR) ) just unveiled an announcement.
Aurora UK Alpha plc has announced the commencement of a discretionary share buyback programme as a strategic move to utilize its capital efficiently. The buyback, which will be financed through the company’s cash resources, allows for the repurchase of up to 11,436,279 shares, subject to market conditions and prevailing prices. The initiative reflects the board’s confidence in the market conditions and the company’s financial position, although the company does not guarantee the completion of the repurchases and may pause or discontinue them at any time.
More about Aurora Investment Trust PLC
YTD Price Performance: 2.86%
Average Trading Volume: 168,181
Technical Sentiment Consensus Rating: Sell
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