City of London Investment Trust PLC ( (GB:CTY) ) has provided an update.
The City of London Investment Trust PLC has executed a market purchase of 150,000 of its own shares at a price of 436.416667p per share, which will be held in Treasury. This transaction affects the company’s voting rights, with the total number now standing at 32,873,603, a figure relevant for shareholders under the FCA’s Disclosure Guidance and Transparency Rules.
More about City of London Investment Trust PLC
The City of London Investment Trust PLC is a company involved in investment management, focusing on providing shareholders with long-term growth in income and capital by investing primarily in UK equities.
YTD Price Performance: 3.18%
Technical Sentiment Consensus Rating: Strong Sell
For a thorough assessment of CTY stock, go to TipRanks’ Stock Analysis page.