Pacific Horizon Investment Trust PLC (GB:PHI) has released an update.
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Pacific Horizon Investment Trust PLC has repurchased 13,250 of its own ordinary shares at a price of 567.70p, which will be held in treasury. This move adjusts the total shares in issue to 90,326,750, a crucial figure for shareholders to determine any changes in their interests under FCA rules. Such strategic buybacks are often seen as a sign of confidence in the company’s financial health.
For further insights into GB:PHI stock, check out TipRanks’ Stock Analysis page.
