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City of London Investment Trust PLC Announces Share Buyback

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City of London Investment Trust PLC Announces Share Buyback

An update from City of London Investment Trust PLC ( (GB:CTY) ) is now available.

City of London Investment Trust PLC announced the purchase of 92,403 of its own shares at a price of 442.0p each, with these shares to be held in Treasury. This move maintains the company’s issued ordinary share capital at 502,664,868, affecting the total voting rights, which now stand at 32,953,743. This adjustment is significant for shareholders calculating their interests in the company under the FCA’s disclosure rules.

More about City of London Investment Trust PLC

City of London Investment Trust PLC is a UK-based investment company that primarily focuses on generating long-term income and capital growth for its shareholders. It operates within the investment trust industry and is managed by Janus Henderson Fund Management UK Limited.

YTD Price Performance: 3.65%

Technical Sentiment Consensus Rating: Strong Sell

See more insights into CTY stock on TipRanks’ Stock Analysis page.

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