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Monks Investment Trust PLC Buys Back 200,000 Shares

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Monks Investment Trust PLC Buys Back 200,000 Shares

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

Monks Investment Trust PLC has announced the repurchase of 200,000 of its own ordinary shares at 1,343.16p each, which will be held in Treasury. This transaction reduces the number of shares in circulation, potentially impacting shareholder calculations under FCA rules, and demonstrates the company’s strategy of managing its capital structure.

More about Monks Investment Trust Shs GBP

Monks Investment Trust PLC is part of the investment management industry, focusing primarily on managing a diversified portfolio of global investments. The company aims to provide shareholders with long-term capital growth by investing in a wide range of sectors and regions.

YTD Price Performance: 5.85%

Average Trading Volume: 433,436

Technical Sentiment Consensus Rating: Sell

See more data about MNKS stock on TipRanks’ Stock Analysis page.

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