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Thu, 09th May 2019 18:20
LONDON (Alliance News) - City of London Investment Group PLC said on Thursday it repurchased 26,000 shares at a price of 410 pence per share on Wednesday, or GBP106,600 in total.
Following the repurchase and cancellation of shares, the asset management group now has 26.6 million shares issued overall.
Shares in City of London Investment Group closed 1.2% higher at 418.10 pence on Thursday.
Asset management company City of London Investment Group said its funds under management edged higher over the course of 2014, leading to an increase in pre-tax profit and revenue in the first half of the year. Pre-tax profit for the six months to 31 December rose 30% to £4.3m, while revenue from ma
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