Finsbury Gwth & Inc Shs (GB:FGT) has released an update.
Finsbury Growth & Income Trust PLC has announced the successful cancellation of its share premium account, which has been converted into a distributable reserve—a move that will significantly increase the company’s financial flexibility for future capital returns or share buy-backs. The change is pending the registration of the Court Order and the Company will update the market once this process is completed.
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