Result of General Meeting and renewal of share buy-back authority

Summary by AI BETAClose X

Finsbury Growth & Income Trust PLC announced that shareholders overwhelmingly approved a special resolution at their General Meeting, renewing the company's authority to buy back its ordinary shares. The resolution passed with 96.18% of votes in favour, representing 41,342,727 votes, against 3.82% (1,642,736 votes) against, out of a total of 42,985,463 votes cast, which constituted 33.71% of the issued share capital with voting rights. This renewal of the share buy-back authority is a key financial decision that could impact the company's share price.

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