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STS Global Income & Growth Trust PLC ( (GB:STS) ) has issued an update.
STS Global Income & Growth Trust PLC has announced the purchase of 135,000 of its own ordinary shares at an average price of 232.81 pence per share, which will be held in treasury. This transaction impacts the company’s share capital structure, with 124,069,415 issued ordinary shares now excluding those held in treasury, reflecting a strategic move to manage its share capital and potentially enhance shareholder value.
More about STS Global Income & Growth Trust PLC
STS Global Income & Growth Trust PLC operates in the financial industry, focusing on investment and asset management services. The company is involved in managing a diversified portfolio aimed at providing income and growth opportunities for its stakeholders.
YTD Price Performance: 1.30%
Average Trading Volume: 172,467
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £290.6M
For an in-depth examination of STS stock, go to TipRanks’ Stock Analysis page.
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