Transaction in Own Shares

Summary by AI BETAClose X

JPMorgan American Investment Trust PLC has repurchased 63,000 ordinary shares into treasury at a price of 1206.52 pence per share. Following this transaction, the company now holds 120,341,918 shares in treasury, with 161,291,992 shares in issue excluding treasury shares. The company intends to re-issue shares held in treasury only at a premium to net asset value, a move that could support the share price by reducing supply and potentially increasing earnings per share.

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UK 100

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