FINSBURY GROWTH & INCOME TRUST PLC has released its estimated unaudited net asset value per share, calculated in accordance with the guidelines of the Association of Investment Companies, for the close of business on 22 February 2024. The net asset value per share stands at 929.65p (cum income). This information was provided by Frostrow Capital LLP on behalf of the Board on 23 February 2024.
This announcement provides investors and stakeholders with a snapshot of the company's financial health and performance. The net asset value per share is a key indicator of the company's value and can influence investment decisions. It reflects the company's total assets minus its total liabilities, divided by the number of outstanding shares.
The release of the unaudited net asset value per share demonstrates transparency and accountability to shareholders, as it offers insight into the company's financial position. This information is crucial for investors, analysts, and other stakeholders to assess the company's performance and make informed decisions regarding their investment in FINSBURY GROWTH & INCOME TRUST PLC.
The company's adherence to the guidelines of the Association of Investment Companies ensures that the calculation of the net asset value per share is in line with industry standards, providing consistency and comparability for investors and analysts. This commitment to industry best practices enhances the trust and confidence of stakeholders in the company's financial reporting.
Overall, the release of the unaudited net asset value per share underscores FINSBURY GROWTH & INCOME TRUST PLC's commitment to transparency and provides valuable information for investors and stakeholders to evaluate the company's financial performance and position in the market.