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Schroders ( (GB:SDR) ) has issued an announcement.
Schroders plc announced the repurchase of 324,587 of its ordinary shares, which will be held in treasury as part of a previously announced share repurchase program. This transaction reflects the company’s ongoing efforts to manage its capital structure and may indicate a strategic move to enhance shareholder value or consolidate ownership.
More about Schroders
Schroders plc operates in the financial services industry, primarily focusing on asset management. The company provides investment management services to institutions and individuals, maintaining a significant presence in the global market.
YTD Price Performance: -22.10%
Average Trading Volume: 2,723,920
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £4.9B
See more insights into SDR stock on TipRanks’ Stock Analysis page.
