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STS Global Income & Growth Trust PLC Repurchases Shares

Story Highlights
  • STS Global Income & Growth Trust PLC repurchased 100,000 shares at 245.5 pence each.
  • The transaction affects share capital and market interest calculations under FCA rules.
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STS Global Income & Growth Trust PLC Repurchases Shares

STS Global Income & Growth Trust PLC ( (GB:STS) ) just unveiled an announcement.

STS Global Income & Growth Trust PLC has executed a transaction involving the repurchase of 100,000 of its own Ordinary shares at a price of 245.5 pence per share, which will be held in Treasury. This move affects the company’s share capital, now comprising 122,156,415 issued Ordinary shares excluding Treasury shares, and 53,031,770 Ordinary shares held in Treasury. The transaction is significant for stakeholders as it impacts the calculation of market interest in the company under the FCA’s Disclosure Guidance and Transparency Rules.

More about STS Global Income & Growth Trust PLC

YTD Price Performance: 5.19%

Average Trading Volume: 148,151

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £297.1M

See more data about STS stock on TipRanks’ Stock Analysis page.

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