Transaction in Own Shares

Summary by AI BETAClose X

Mercantile Investment Trust repurchased 425,000 Ordinary shares into treasury at 281.4412p per share, costing approximately £1,196,125.10; following the transaction the Company holds 330,852,366 shares in treasury and has 613,639,814 shares in issue excluding treasury. The repurchase represents roughly 0.07% of the 613,639,814 shares in issue excluding treasury and increases treasury to about 35.0% of the total 944,492,180 issued shares. The Company will only re‑issue treasury shares at a premium to net asset value, a policy that limits dilutive re‑issuance and may support share price and discount management.

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UK 100

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