Finsbury Growth & Income Trust Tightens Capital Base With Share Buyback
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Finsbury Growth & Income Trust PLC has repurchased 74,342 ordinary shares at 732.91 pence each as part of its capital management strategy. This buyback reduces the free float and may support the share price. The company now holds 116,263,303 shares in treasury, with 108,728,000 ordinary shares carrying voting rights. Spark's AI Analyst rates FGT as Neutral, citing strong financials but unstable earnings and weak technicals. Finsbury Growth & Income Trust focuses on capital growth and income through a diversified portfolio of listed securities.
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