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Baillie Gifford European Growth Trust PLC GBP ( (GB:BGEU) ) just unveiled an announcement.
Baillie Gifford European Growth Trust PLC has announced the purchase of 75,000 of its own ordinary shares at a price of 86.80p, which will be held in treasury. This transaction results in 53,786,105 shares being held in treasury, with the remaining 348,657,585 shares in issue serving as the denominator for shareholder interest disclosure calculations. This move indicates strategic treasury management which could potentially impact the company’s market liquidity and shareholder value.
More about Baillie Gifford European Growth Trust PLC GBP
Baillie Gifford European Growth Trust PLC operates in the investment trust industry, focusing on long-term growth opportunities within European markets. The company primarily invests in European equities, aiming to generate capital growth for its shareholders.
YTD Price Performance: 1.52%
Average Trading Volume: 747,787
Technical Sentiment Consensus Rating: Buy
For detailed information about BGEU stock, go to TipRanks’ Stock Analysis page.
