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Guardian completes Rs.657mn buyback, but NAV discount widens to 48% - Business | Daily Mirror
Ceylon Guardian Investment Trust PLC has completed its Rs.657 million share repurchase, with around 70 percent of the payout flowing to parent Carson Cumberbatch PLC, even as the stock’s discount to net asset value (NAV), the gap the board cited in launching the buyback, widened to about 48 percent, as per filings and market data. ..
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