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STS Global Income & Growth Trust PLC ( (GB:STS) ) has issued an update.
STS Global Income & Growth Trust PLC has executed a share buyback, purchasing 70,000 of its Ordinary shares at an average price of 235.32 pence per share to be held in Treasury. This transaction affects the company’s share capital, which now comprises 124,444,415 issued Ordinary Shares excluding Treasury shares. The buyback decision could impact the market’s perception of the company’s value and liquidity, as well as influence shareholder interests in accordance with FCA’s Disclosure Guidance and Transparency Rules.
More about STS Global Income & Growth Trust PLC
YTD Price Performance: 10.80%
Average Trading Volume: 190,138
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £292.6M
For a thorough assessment of STS stock, go to TipRanks’ Stock Analysis page.