Pacific Horizon Boosts Treasury Stock with Latest Share Buyback
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Pacific Horizon Investment Trust PLC has repurchased 60,003 ordinary shares at 910.86p each, now holding 9,172,689 shares in treasury. This buyback aims to support share price and enhance net asset value per share. The updated share capital structure aids in regulatory transparency. Analysts rate the stock as a Hold with a £965.00 price target, while Spark's AI Analyst gives it a Neutral score due to uneven fundamentals despite a strong balance sheet. The trust focuses on capital growth by investing in high-growth companies across Asia and emerging markets.
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