TipRanks

Notifications

STS Global Trust Buys Back Shares, Adjusts Capital

STS Global Income & Growth Trust PLC (GB:STS) has released an update.

STS Global Income & Growth Trust PLC has announced the buyback of 62,000 of its own shares at a price of 228.5 pence each, which will be held in treasury. Post-transaction, the company’s issued share capital is 127,882,415 ordinary shares, excluding those held in treasury. This move is part of the company’s strategy to manage its share capital effectively.

For further insights into GB:STS stock, check out TipRanks’ Stock Analysis page.

Tags:
TipRanks UK Auto-Generated Newsdesk
Tipranks Auto-Generated Newsdesk is driven by TipRanks’ Financial Accountability Engine, which brings transparency and accountability to the financial markets. We level the playing field for retail investors, delivering all the news that publicly traded companies release. Our advanced AI scans company announcements, translating complex ideas into easily understandable articles, then sends the articles for editorial review. For any questions or comments, please write to support@tipranks.com.