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BlackRock Throgmorton Trust Expands Treasury Holdings with Share Buyback

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BlackRock Throgmorton Trust Expands Treasury Holdings with Share Buyback

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

BlackRock Throgmorton Trust PLC is engaged in the management of financial investments and operates within the investment trust sector, primarily focusing on delivering returns through strategic share transactions. The company announced the purchase of 211,000 of its own shares to be held in treasury at an average price of 592.36 pence per share. This move results in 20.97% of its total issued share capital being held in treasury, which excludes voting rights and impacts the calculation of market interests under the FCA’s guidelines.

More about BlackRock Throgmorton Trust PLC GBP

YTD Price Performance: -0.51%

Average Trading Volume: 431,309

Technical Sentiment Consensus Rating: Hold

For an in-depth examination of THRG stock, go to TipRanks’ Stock Analysis page.

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