BlackRock Throgmorton Trust PLC Purchases Own Shares for Treasury
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BlackRock Throgmorton Trust PLC has announced the purchase of 35,000 Ordinary Shares at an average price of 596.00 pence per share, resulting in 26.07% of its total issued share capital being held in treasury. This move is part of the company's strategy to manage share capital, potentially impacting voting dynamics and share valuation. Spark's analysis rates GB:THRG as an Outperform, highlighting strong financial performance but cautioning about market volatility and economic challenges.
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