Invesco Asia Dragon Trust plc Proceeds with Buyback, Repurchases 25,000 Ordinary Shares
Published:
09 May 2025
Invesco Asia Dragon Trust plc has repurchased 25,000 of its ordinary shares, to be held as Treasury Shares.
In a pivotal move, Invesco Asia Dragon Trust plc has announced the repurchase of 25,000 of its own shares at a price of 331p per share. This significant transaction was executed on the 9th of May 2025. Post this action, these shares are now destined to be held as Treasury Shares.
This strategic development has swelled the total volume of ordinary shares held in Treasury to 13,041,594. In comparison, the total number of shares remaining in circulation (excluding the Treasury-held shares) is 204,578,151. Meanwhile, the share repurchase has been witnessed as an intriguing manoeuvre intending to use the firm’s cash in a manner advantageous to its stakeholders.
- •Transaction in Own Shares investegate.co.uk09-05-2025