Schroders (GB:SDR) has released an update.
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Schroders PLC has repurchased 250,000 of its own shares, priced between 306 and 311 pence each, as part of its ongoing share buyback program. These shares will be held in treasury, increasing the company’s total treasury stock to over 3 million shares. This move is part of Schroders’ strategy to manage its capital and potentially enhance shareholder value.
For further insights into GB:SDR stock, check out TipRanks’ Stock Analysis page.