Transaction in Own Shares

Summary by AI BETAClose X

JPMorgan American Investment Trust repurchased 25,000 ordinary shares into treasury at 1,210.20 pence per share (£12.102), a cash outlay of £302,550; following the transaction the Company holds 120,879,216 shares in treasury and the shares in issue less treasury are 160,754,694, with the repurchase representing approximately 0.0156% of those outstanding shares. The Company stated it will only re-issue treasury shares at a premium to net asset value, limiting dilution and providing modest support for the share price.

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UK 100

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