tiprankstipranks
Monks Investment Trust Buys Back Shares, Signals Confidence
Company Announcements

Monks Investment Trust Buys Back Shares, Signals Confidence

Monks Investment Trust Shs GBP (GB:MNKS) has released an update.

Don't Miss Our Christmas Offers:

Monks Investment Trust PLC has announced the repurchase of 200,000 of its Ordinary Shares at a price of 1,231.11p each, which will be held in Treasury. This move leaves a total of 198,745,666 shares in circulation, allowing shareholders to adjust their holdings under FCA regulations. Such buybacks can often indicate confidence in the company’s future prospects.

For further insights into GB:MNKS stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskMonks Investment Trust PLC Repurchases 200,000 Ordinary Shares
TipRanks UK Auto-Generated NewsdeskMonks Investment Trust Releases Interim Financial Report
TipRanks UK Auto-Generated NewsdeskMonks Investment Trust Purchases Own Shares
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App