Transaction in Own Shares

Summary by AI BETAClose X

Mercantile Investment Trust repurchased 299,628 ordinary shares into treasury at 281.3344 pence per share on 3 November 2026; following the transaction the Company holds 331,151,994 ordinary shares in treasury and the shares in issue less treasury total 613,340,186. The buyback reduces the free float and increases treasury holdings, and the stated policy that treasury shares will only be re‑issued at a premium to net asset value signals potential support for the share price and possible NAV per-share accretion when shares are cancelled or re-issued.

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