Polar Capital Technology Trust plans a 10-1 share split due to growth in net asset value and share prices.
Polar Capital Technology Trust (PCT) plans a 10-1 share split to make shares more affordable for investors, following significant growth in its net asset value (up 40% in past 12 months) and share prices (up 50% in past year). PCT's portfolio focuses on AI enablers and beneficiaries like Nvidia, Microsoft, Meta, and Amazon. The split may attract more demand, potentially increasing share prices.
July 17, 2024
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