3rd Sep 2018 18:29
LONDON (Alliance News) - Genesis Emerging Markets Fund Ltd said it purchased 13.5 million of its own shares through a fully subscribed tender offer.
On August 17, Genesis said its offer price will be 746.03 pence per share, which would value to buyback at GBP100.7 million.
Following the acquisition, company's issued capital is now 121.5 million shares.
Shares in Genesis Emerging Markets closed up 1.25 at 698.00p on Monday.
Related Shares:
GSS.L