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BlackRock Throgmorton Trust Enhances Capital Structure with Share Buyback
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BlackRock Throgmorton Trust Enhances Capital Structure with Share Buyback

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An announcement from BlackRock Throgmorton Trust PLC GBP ( (GB:THRG) ) is now available.

BlackRock Throgmorton Trust PLC has bought back 44,800 of its ordinary shares to be held in treasury at an average price of 577.43 pence per share. This transaction, once settled, will adjust the company’s issued share capital to 86,907,064 ordinary shares, with 15.8% of the total share capital in treasury, reflecting the company’s strategy to manage its capital structure effectively, impacting shareholder voting rights and market reporting.

More about BlackRock Throgmorton Trust PLC GBP

BlackRock Throgmorton Trust PLC is a company that operates in the financial sector, focusing on investment trust services. It is involved in managing a portfolio of investments, predominantly in UK smaller companies and mid-capitalization companies, providing shareholders with capital growth and income.

YTD Price Performance: -3.62%

Average Trading Volume: 406,877

Technical Sentiment Consensus Rating: Buy

Learn more about THRG stock on TipRanks’ Stock Analysis page.

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