BlackRock Throgmorton Trust PLC GBP ( (GB:THRG) ) has provided an announcement.
BlackRock Throgmorton Trust PLC announced the purchase of 125,000 of its own ordinary shares at an average price of 554.94 pence per share to be held in treasury. This transaction will result in 21.93% 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 may impact stakeholder interests by altering the voting power and share value dynamics.
More about BlackRock Throgmorton Trust PLC GBP
YTD Price Performance: -3.34%
Average Trading Volume: 373,899
Technical Sentiment Consensus Rating: Buy
See more data about THRG stock on TipRanks’ Stock Analysis page.