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Schroders ( (GB:SDR) ) has issued an announcement.
Schroders PLC has repurchased 350,000 of its ordinary shares, with the transaction being part of a previously announced share repurchase program. This buyback, executed through Barclays Bank PLC, reflects Schroders’ strategy to manage its capital structure effectively, potentially impacting shareholder value by reducing the number of shares in circulation.
More about Schroders
Schroders PLC is a global asset management company primarily involved in investment management services. It focuses on providing a wide range of investment solutions to institutions, corporations, and individual investors worldwide.
YTD Price Performance: -21.86%
Average Trading Volume: 2,791,400
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £4.91B
See more data about SDR stock on TipRanks’ Stock Analysis page.
