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Schroders Purchases 10.5K Non-Voting Shares For Cancellation

18th Sep 2013 17:16

LONDON (Alliance News) - Schroders PLC said Wednesday it purchased for cancellation 10,500 non-voting ordinary shares at an average price of 2,049.0616 pence per share.

The shares were purchased on Wednesday from JP Morgan Securities PLC.

Following the purchase, Schroders holds 36,866 non-voting ordinary shares in treasury, and has 57,945,499 non-voting ordinary shares and 226,022,400 ordinary shares in issue, in each case excluding treasury shares.

Shares of the asset manager and private banker closed Wednesday at 2,518.00p, down 1.00p.

By Tom Waite; [email protected]; @thomaslwaite

Copyright 2013 Alliance News Limited. All Rights Reserved.


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Schroders
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Value8,328.60
Change52.94