The latest update is out from STS Global Income & Growth Trust PLC ( (GB:STS) ).
STS Global Income & Growth Trust PLC has announced the repurchase of 45,000 of its own ordinary shares at a price of 246.50 pence per share, which will be held in treasury. This transaction affects the company’s share capital, resulting in 122,111,415 issued ordinary shares excluding treasury shares, and 175,188,185 including them. The move is part of the company’s strategy to manage its capital structure, potentially impacting shareholder value and market perception.
More about STS Global Income & Growth Trust PLC
YTD Price Performance: 6.93%
Average Trading Volume: 150,458
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £301.7M
For an in-depth examination of STS stock, go to TipRanks’ Stock Analysis page.