tiprankstipranks

STS Global Income & Growth Trust PLC Repurchases Shares

Story Highlights
STS Global Income & Growth Trust PLC Repurchases Shares

The latest update is out from STS Global Income & Growth Trust PLC ( (GB:STS) ).

STS Global Income & Growth Trust PLC announced the repurchase of 140,000 of its own ordinary shares at 246.00 pence per share, which will be held in treasury. This transaction affects the company’s share capital, with 121,971,415 issued ordinary shares now excluding treasury shares, potentially impacting market interest notifications as per FCA guidelines.

More about STS Global Income & Growth Trust PLC

STS Global Income & Growth Trust PLC operates in the financial services industry, focusing on investment management. The company primarily deals with managing a diversified portfolio aimed at generating income and growth for its stakeholders.

YTD Price Performance: 6.49%

Average Trading Volume: 148,616

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £300.4M

Find detailed analytics on STS stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App