Transaction in Own Shares

Summary by AI BETAClose X

JPMorgan European Discovery Trust repurchased 53,742 ordinary shares into Treasury at 608.512 pence per share; after the transaction the Company holds 48,479,938 Treasury shares and has 87,834,965 shares outstanding excluding Treasury. The repurchase reduces the free float and signals management support at 608.512p, and the Company's policy to re-issue Treasury shares only at a premium to net asset value limits dilution and could be supportive of the share price; shareholders should use 87,834,965 as the denominator for FCA notification thresholds.

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UK 100

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