Bullish indicating open at $55-$60, IPO prices at $37
LONDON - Schroders (LON:SDR) Capital Global Innovation Trust plc (INOV) announced Thursday that shareholders approved a special resolution authorizing a share buyback program at its General Meeting.
The buyback resolution passed with overwhelming support, securing 98.57% of votes cast, representing 273,986,444 shares in favor and 3,976,289 shares against. The total votes cast represented 34.38% of the company’s issued share capital.
The meeting, held earlier today, saw 191,401 votes withheld, which are not counted in the calculation of percentages for or against the resolution.
The full text of the special resolution was included in a circular to shareholders dated June 19, 2025. According to the company’s statement, the resolution details are available on Schroders Capital Global Innovation Trust’s website.
The company currently has 808,582,899 ordinary shares of 1p each in issue and eligible to vote, with no shares held in treasury.
The information about the voting results was disclosed in a regulatory news announcement, which noted that a copy of the passed resolution will be submitted to the National Storage Mechanism and will be available for inspection through the Financial Conduct Authority’s database.
Schroders Capital Global Innovation Trust plc trades under the ticker INOV and has a Legal Entity Identifier of 2138008X94M7OVE73I77.
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