BlackRock Throgmorton Trust PLC GBP (GB:THRG) has released an update.
BlackRock Throgmorton Trust PLC has announced the buyback of 150,000 of its own shares at an average price of 600.64 pence each, with the intention to hold these in treasury. After the transaction, the company’s issued share capital will be 88,771,864 Ordinary Shares, with an increase in treasury-held shares to 13.99% of the total issued share capital. This buyback reflects the company’s ongoing capital management strategy and the shares in treasury will not carry any voting rights.
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