Transaction in Own Shares

Summary by AI BETAClose X

Templeton Emerging Markets Investment Trust PLC has purchased 346,564 of its own ordinary shares for cancellation at a price of 310.57 pence per share. Following this transaction, the company now has 901,392,372 shares in issue, with 60,000,000 shares held in treasury, meaning the total number of voting rights stands at 901,392,372. The company stated that shares held in treasury will only be reissued at a price above the prevailing net asset value per share to protect existing shareholders.

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