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Schroder Trust Adjusts Share Capital with Buyback
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Schroder Trust Adjusts Share Capital with Buyback

Schroder UK Public Private Trust (GB:INOV) has released an update.

Schroder UK Public Private Trust has announced the purchase and cancellation of 120,000 of its ordinary shares at a price of 11.84 pence each, which alters the company’s total issued share capital and voting rights. Shareholders may need to adjust their notifications of interest as the denominator for calculations has changed due to this transaction. The move is part of the company’s ongoing strategy to manage its capital structure.

For further insights into GB:INOV stock, check out TipRanks’ Stock Analysis page.

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