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STMZF - Scottish Mortgage: Still Cheap But A Shift In Gear
Scottish Mortgage Investment Trust Plc
2024-03-19 03:10:36 ET
Summary
Scottish Mortgage Investment Trust's share price has increased by 27% since last year.
The trust plans to make £1 billion available for share buybacks over the next few years.
The trust's decision to focus on share buybacks raises questions about its future investment opportunities and growth strategy.
Investment trust Scottish Mortgage ( OTCPK:STMZF ) has seen a turnaround in its share price fortunes since I last wrote. Since I last covered the name in my "buy" piece from last April, the shares are up 27%....