Transaction in Own Shares

Summary by AI BETAClose X

The Mercantile Investment Trust PLC announced the repurchase of 500,000 ordinary shares into treasury at a price of 250.42 pence per share. Following this transaction, the company now holds 237,191,670 ordinary shares in treasury. The total number of shares in issue less treasury shares is 707,300,510. The company stated it will only re-issue shares held in treasury at a premium to net asset value.

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UK 100

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