BlackRock Throgmorton Trust PLC GBP ( (GB:THRG) ) has provided an update.
BlackRock Throgmorton Trust PLC has announced the purchase of 125,000 of its own ordinary shares at an average price of 571.36 pence per share to be held in treasury. This transaction will result in 21.52% of the company’s total issued share capital being held in treasury, which will not carry voting rights. The move is part of the company’s strategy to manage its share capital and could impact stakeholders by altering the voting power and market perception of the company’s shares.
More about BlackRock Throgmorton Trust PLC GBP
YTD Price Performance: -2.36%
Average Trading Volume: 373,801
Technical Sentiment Consensus Rating: Buy
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