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BlackRock Throgmorton Trust PLC Acquires Own Shares for Treasury

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BlackRock Throgmorton Trust PLC Acquires Own Shares for Treasury

BlackRock Throgmorton Trust PLC GBP ( (GB:THRG) ) just unveiled an update.

BlackRock Throgmorton Trust PLC announced the purchase of 154,000 of its own shares at an average price of 596.66 pence per share to be held in treasury. This transaction impacts the company’s share capital structure, with 20.24% of the total issued shares now held in treasury, which do not carry voting rights. The adjustment in share capital is relevant for market stakeholders under the FCA’s Disclosure Guidance and Transparency Rules, as it affects the determination of interests in the company.

More about BlackRock Throgmorton Trust PLC GBP

BlackRock Throgmorton Trust PLC is part of the financial services industry, focusing on investment management. The company primarily deals in investment trust services, serving investors by managing a diversified portfolio to generate long-term capital growth.

YTD Price Performance: -0.84%

Average Trading Volume: 424,662

Technical Sentiment Consensus Rating: Buy

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

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