Montanaro UK Smaller Companies announces surprise buyback, raising speculation of Saba exit

Montanaro UK Smaller Companies (MTU) today announced a £20m buyback, representing around 12% of its outstanding share capital. The announcement follows the introduction of a buyback policy earlier this year, the first since 2008, which has been implemented in order to help manage the company’s discount which currently sits at 7.8%. The significant size of … Continue reading Montanaro UK Smaller Companies announces surprise buyback, raising speculation of Saba exit