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Schroders Capital Announces Share Buyback and Capital Adjustments
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Schroders Capital Announces Share Buyback and Capital Adjustments

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

Schroders Capital Global Innovation Trust plc is involved in the management of investment trusts, focusing on generating returns through various financial instruments. The company recently purchased 120,000 of its own ordinary shares at 10.9 pence per share for cancellation, adjusting its issued share capital to 813,292,025 ordinary shares. This move impacts stakeholders by altering the denominator for shareholders’ calculations under the Financial Conduct Authority’s rules, affecting how they report their interests in the company.

More about Schroder UK Public Private Trust

YTD Price Performance: 0%

Technical Sentiment Consensus Rating: Buy

Learn more about INOV stock on TipRanks’ Stock Analysis page.

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