DB ETC plc Announces Buy-Back of Securities
Why we think this is neutral
The announcement is regarding a buy-back of securities, which is not a mandatory news type that requires detailed analysis. Therefore, a neutral sentiment score is appropriate.
Key Points
- DB ETC plc is buying back 50,000 ETC securities for the Series 13 - Xtrackers Physical Gold GBP Hedged ETC
- The total number of securities in issue for this series will be 2,348,615 after the buy-back
Summary
The issuer has agreed to buy back a number of ETC securities for a specific series.
DB ETC plc has announced that it will be buying back 50,000 ETC securities for the Series 13 - Xtrackers Physical Gold GBP Hedged ETC. Following the buy-back, the total number of securities in issue for this series will be 2,348,615.
DIRECTOR DEALINGS