STS Global Income & Growth Trust PLC (GB:STS) has released an update.
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STS Global Income & Growth Trust PLC is set to hold a general meeting on January 8, 2025, to seek shareholder approval for the early renewal of its authority to repurchase up to 14.99% of its ordinary shares. This move aims to maintain the trust’s discount control mechanism, ensuring better stock price stability for investors.
For further insights into GB:STS stock, check out TipRanks’ Stock Analysis page.