Smithson Investment Trust Showcases Financial Astuteness with Purchase of 84,636 Ordinary Shares for Treasury
In a savvy financial stride, Smithson Investment Trust PLC has enriched its treasury by purchasing its own shares. This transaction was executed on the 17th April 2025, with the company buying a total of 84,636 ordinary shares. Each of these shares was secured at a price of 1,361.35 pence. In consequence of this strategic trading update, the company’s treasury now holds 55,052,978 ordinary shares. Meanwhile, the tally of ordinary shares to continue circulating stands at 122,054,980. The total number of ordinary shares issued by the company post-transaction thus amounts to a substantial 177,107,958. This purchase underlines Smithson Investment Trust PLC’s acuity for financial planning and sound investment strategies. The transaction was managed and announced on behalf of Smithson Investment Trust PLC by Apex Listed Companies Services (UK) Limited. Privacy terms and access conditions have been meticulously laid down for the distribution of this information. RNS, the news service of the London Stock Exchange, confirms the legitimacy of this transaction information. By bolstering its treasury, Smithson Investment Trust PLC continues to demonstrate an admirable commitment to maintaining a healthy financial position, fostering investor confidence by the same token.
- •Transaction in Own Shares investegate.co.uk17-04-2025