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Scottish Mortgage Ord (SMT.L)

LSE - LSE Delayed price. Currency in GBp (0.01 GBP)
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894.00+9.60 (+1.09%)
At close: 04:37PM GMT
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Previous close884.40
Open886.60
Bid881.00 x 0
Ask914.00 x 0
Day's range881.00 - 894.60
52-week range604.80 - 894.60
Volume12,238,548
Avg. volume2,968,046
Market cap12.444B
Beta (5Y monthly)N/A
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
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    UPDATE 1-Scottish Mortgage announces $1.3 bln buyback over next two years

    Scottish Mortgage Investment Trust , Britain's largest investment trust, will buy back shares worth 1 billion pounds ($1.27 billion) over the next two years, it said on Friday, as its portfolio companies deliver strong operational results. SMT, one of asset manager Baillie Gifford's flagship trusts and an investor in big U.S. tech stocks, said the buybacks were part of its intention to take more "concerted action" to address the discount to net asset value at which the its shares trade. Last year, the trust named Justin Dowley its new chair as part of a broader boardroom shake-up, as it sought to draw a line under a board dispute following a steep decline in its share price.

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