Schroder UK Public Private Trust (GB:INOV) has released an update.
Schroder Capital Global Innovation Trust plc has actively bought back 120,000 of its own shares at 11.45 pence each, reducing the issued share capital to 827,640,026 ordinary shares. This buyback move indicates a possible strategic initiative to enhance shareholder value. Shareholders are reminded to use the updated share capital figure for any reporting under the Financial Conduct Authority’s rules.
For further insights into GB:INOV stock, check out TipRanks’ Stock Analysis page.