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BlackRock Throgmorton Trust Enhances Treasury Shareholding with Recent Buyback
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BlackRock Throgmorton Trust Enhances Treasury Shareholding with Recent Buyback

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The latest update is out from BlackRock Throgmorton Trust PLC GBP ( (GB:THRG) ).

BlackRock Throgmorton Trust PLC has announced a purchase of 75,000 of its own ordinary shares at an average price of 583.12 pence per share to be held in treasury. This move will result in 16.34% of the total issued share capital being held in treasury, impacting voting rights as these shares do not carry any. The transaction, set to settle on 02 January 2025, will adjust the issued share capital to 86,346,864 ordinary shares, excluding treasury shares, which is relevant for compliance with FCA’s Disclosure Guidance and Transparency Rules.

More about BlackRock Throgmorton Trust PLC GBP

BlackRock Throgmorton Trust PLC operates in the financial sector, primarily focusing on investment management services. It is part of BlackRock, a global leader in investment management, providing a broad range of products and services to institutional and retail clients.

YTD Price Performance: -2.95%

Average Trading Volume: 414,790

Technical Sentiment Consensus Rating: Buy

For a thorough assessment of THRG stock, go to TipRanks’ Stock Analysis page.

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