Transaction in Own Shares

Summary by AI BETAClose X

JPMorgan European Growth & Income repurchased 352,267 ordinary shares into treasury today at 136.53 pence per share, reducing shares in issue by approximately 0.06%; post-transaction the Company holds 18,418,424 shares in treasury and the shares in issue less treasury are 594,528,746. The board states treasury shares will only be re-issued at a premium to Net Asset Value, a buyback that modestly tightens supply and is supportive of NAV per share and market price.

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