Pershing Square Holdings, Ltd. Announces Additional Share Buyback Program of $100,000,000

Summary by AI BETAClose X

Pershing Square Holdings, Ltd. has announced a new share buyback program of up to $100,000,000 or 5,000,000 Public Shares on the London Stock Exchange, which is expected to be accretive to NAV per share and reduce capital. This follows previous buybacks where 76,847,142 shares were repurchased for $2.0 billion since May 2017. Jefferies International Limited will act as the sole buyback agent, enabling purchases even during closed periods, with repurchased shares to be held in treasury.

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