Scottish Mortgage announces 1 bln stg buyback over next two years

Scottish Mortgage Investment Trust

15/03/2024 07:13

March 15 (Reuters) - Scottish Mortgage Investment Trust
 SMT.L , Britain's largest investment trust, will buy back 1
billion pounds ($1.27 billion) worth of shares over the next two
years, it said on Friday, as its portfolio companies deliver
strong operational results.
 
 ($1 = 0.7848 pounds)

 (Reporting by Eva Mathews in Bengaluru; Editing by Savio
D'Souza)
 ((Eva.Mathews@thomsonreuters.com;))