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An announcement from Edinburgh Investment Trust PLC ( (GB:EDIN) ) is now available.
Edinburgh Investment Trust PLC announced the purchase of 50,000 of its own ordinary shares at an average price of 759.00p per share on the London Stock Exchange. The shares will be held in treasury, affecting the total number of shares with voting rights, which now stands at 145,341,025. This move is part of the company’s strategy to manage its capital structure and could signal confidence in its market position.
More about Edinburgh Investment Trust PLC
Edinburgh Investment Trust PLC operates within the financial industry, focusing on investment management. The company primarily deals with managing a portfolio of investments, aiming to provide its shareholders with long-term capital growth and income.
YTD Price Performance: 0.86%
Average Trading Volume: 2,681
Technical Sentiment Consensus Rating: Sell
See more insights into EDIN stock on TipRanks’ Stock Analysis page.