Schroders Boosts Treasury Stock with Share Buyback

Schroders (GB:SDR) has released an update.

Schroders PLC has repurchased 250,000 of its own shares, priced between 308.6 and 311.8 pence each, as part of its ongoing share buyback program. This move increases its treasury holdings to 1.75 million shares, impacting the company’s total voting rights, which now stand at 1,610,321,525. Investors may find this strategic repurchase reflective of Schroders’ confidence in its market value and future prospects.

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