The latest announcement is out from Edinburgh Investment Trust PLC ( (GB:EDIN) ).
The Edinburgh Investment Trust PLC has announced the repurchase of 40,000 of its ordinary shares at an average price of 761.80p from the London Stock Exchange. These shares are to be held in treasury, which increases the total number of treasury shares and reduces the number of ordinary shares with voting rights to 144,891,025. This transaction reflects the company’s strategic move to manage its share capital and potentially enhance shareholder value through treasury stock management.
More about Edinburgh Investment Trust PLC
The Edinburgh Investment Trust PLC operates in the investment industry, focusing on managing a portfolio of diversified assets. Its primary service involves investment management and asset allocation, aiming to deliver consistent returns to its stakeholders.
YTD Price Performance: 2.45%
Average Trading Volume: 4,963
Technical Sentiment Consensus Rating: Sell
See more data about EDIN stock on TipRanks’ Stock Analysis page.