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BlackRock Throgmorton Trust PLC Repurchases Own Shares

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BlackRock Throgmorton Trust PLC Repurchases Own Shares

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

BlackRock Throgmorton Trust PLC announced the repurchase of 125,000 of its Ordinary Shares at an average price of 539.50 pence per share to be held in treasury. This transaction will result in 23.05% of the company’s total issued share capital being held in treasury, which will not carry any voting rights. The move is part of the company’s capital management strategy and may impact the market’s perception of the company’s financial health and shareholder value.

More about BlackRock Throgmorton Trust PLC GBP

YTD Price Performance: -7.83%

Average Trading Volume: 381,847

Technical Sentiment Consensus Rating: Buy

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

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Questions or Comments about the article? Write to editor@tipranks.com
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