Edinburgh Investment Trust PLC (GB:EDIN) has released an update.
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Edinburgh Investment Trust PLC has repurchased 50,000 of its own ordinary shares on the London Stock Exchange at an average price of 727.00p per share. The acquired shares will be held in treasury, affecting the company’s share capital with 147,099,025 ordinary shares now carrying voting rights. This move reflects the company’s strategic approach to managing its share capital and potentially enhancing shareholder value.
For further insights into GB:EDIN stock, check out TipRanks’ Stock Analysis page.