Transaction in Own Shares

Summary by AI BETAClose X

JPMorgan India Growth & Income plc repurchased 5,000 ordinary shares into Treasury at 902.4466 pence per share (total cost £45,122.33), increasing Treasury holdings to 36,557,436 shares and leaving 43,238,069 shares in issue excluding Treasury; the company states it will only re-issue Treasury shares at a premium to net asset value, and the transaction modestly reduces net shares outstanding with minimal immediate balance-sheet impact given the small size relative to the 43.2 million shares outstanding.

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