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 shares on the London Stock Exchange at an average price of 730.96p per share. These shares will be held in treasury, reducing the number of shares with voting rights to 147,199,025. Such buybacks can influence the market perception of the company’s value and are often watched closely by investors.
For further insights into GB:EDIN stock, check out TipRanks’ Stock Analysis page.
