The latest announcement is out from STS Global Income & Growth Trust PLC ( (GB:STS) ).
STS Global Income & Growth Trust PLC has announced a transaction involving the repurchase of 95,000 of its own ordinary shares at a price of 237.00 pence per share, which will be held in treasury. This move adjusts the company’s share capital, now comprising 121,676,415 issued ordinary shares excluding treasury shares and 53,511,770 ordinary shares held in treasury, totaling 175,188,185 issued ordinary shares. This transaction may impact the company’s market positioning by potentially enhancing shareholder value and adjusting liquidity in the market.
More about STS Global Income & Growth Trust PLC
YTD Price Performance: 3.90%
Average Trading Volume: 134,747
Technical Sentiment Consensus Rating: Sell
For a thorough assessment of STS stock, go to TipRanks’ Stock Analysis page.