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Edinburgh Investment Trust PLC ( (GB:EDIN) ) has provided an announcement.
Edinburgh Investment Trust PLC announced the repurchase of 50,000 of its ordinary shares on the London Stock Exchange at an average price of 752.00p per share, intending to hold them in treasury. This transaction adjusts the company’s issued share capital to 195,666,734 ordinary shares, with 50,425,709 shares held in treasury, leaving 145,241,025 shares with voting rights, potentially enhancing shareholder value and impacting voting power distribution.
More about Edinburgh Investment Trust PLC
Edinburgh Investment Trust PLC operates in the investment management industry, focusing on managing a diverse portfolio of investments with a primary emphasis on generating returns for its shareholders. Its market focus includes trading its shares on the London Stock Exchange.
YTD Price Performance: 0.70%
Average Trading Volume: 4,963
Technical Sentiment Consensus Rating: Sell
For detailed information about EDIN stock, go to TipRanks’ Stock Analysis page.