Issue of Equity

Summary by AI BETAClose X

BlackRock American Income Trust sold 225,000 ordinary shares from treasury today at 285.80p per share (generating proceeds of £643,050) and stated the price was a premium to net asset value; treasury holdings reduced to 22,056,167 shares and the number of ordinary shares in issue excluding treasury is now 73,305,138, which will also be the total voting rights with effect from 04 November 2026, increasing the free float and providing immediate cash to the company.

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