15th Oct 2021 20:29
Artemis Alpha Trust PLC - investor in listed and unlisted companies - Is seeking shareholder approval for revised approach to managing company's discount and liquidity. Is now committing to sustainable share buyback policy after deciding that tender offer no longer in the best interests of all shareholders.
"We feel the option is now available to manage our discount and provide liquidity through a continuous share repurchase programme that would not compromise the management of the portfolio and would deliver better results for most shareholders overall than a tender in 2021," says Chair Duncan Budge.
Current stock price: 426.00 pence
Year-to-date change: up 6.4%
By Arvind Bhunjun; [email protected]
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