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Pacific Horizon Investment Trust PLC ( (GB:PHI) ) has issued an update.
Pacific Horizon Investment Trust PLC has announced the acquisition of 70,000 of its own ordinary shares at a price of 593.21 pence per share, which will be held in treasury, bringing the total treasury shares to 1,979,481. This transaction adjusts the number of shares available for public trade to 90,095,480, a figure relevant for shareholders’ calculations in compliance with the FCA’s rules, potentially impacting stakeholder positions and disclosure obligations.
More about Pacific Horizon Investment Trust PLC
Pacific Horizon Investment Trust PLC operates within the investment trust industry, focusing on generating long-term capital growth through investments in companies, primarily in the Asia-Pacific region. The company offers investors exposure to rapidly growing markets and economies, aiming to achieve superior returns through a diverse portfolio of investments.
YTD Price Performance: 1.75%
Average Trading Volume: 251,784
Technical Sentiment Consensus Rating: Sell
For an in-depth examination of PHI stock, go to TipRanks’ Stock Analysis page.
