STS Global Income & Growth Trust PLC ( ($GB:STS) ) has issued an update.
STS Global Income & Growth Trust PLC announced the purchase of 100,000 of its own ordinary shares at an average price of 240.25 pence per share, which will be held in treasury. This transaction affects the company’s share capital, with a total of 120,936,415 issued ordinary shares excluding treasury shares. This move is part of the company’s strategy 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 management. The company primarily deals with income and growth investment strategies, targeting a diverse range of market opportunities to enhance shareholder value.
YTD Price Performance: 4.33%
Average Trading Volume: 145,247
Technical Sentiment Signal: Sell
For detailed information about STS stock, go to TipRanks’ Stock Analysis page.
