Monks Investment Trust PLC Acquires Own Shares to Enhance Capital Management

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Monks Investment Trust PLC Acquires Own Shares to Enhance Capital Management

Monks Investment Trust Shs GBP ( (GB:MNKS) ) has issued an announcement.

Monks Investment Trust PLC announced the purchase of 50,000 of its own ordinary shares at a price of 1,158.82p, which will be held in Treasury. This transaction affects the total number of shares in issue, providing shareholders with a new denominator for calculating changes in their interests under FCA rules, potentially impacting shareholder notifications and transparency.

More about Monks Investment Trust Shs GBP

Monks Investment Trust PLC is a company involved in the investment industry, focusing on managing a portfolio of securities. It primarily deals with the acquisition and disposal of its own shares, aiming to optimize shareholder value and manage its capital effectively.

YTD Price Performance: -6.01%

Average Trading Volume: 518,424

Technical Sentiment Signal: Sell

Learn more about MNKS stock on TipRanks’ Stock Analysis page.

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