Transaction in Own Shares

Summary by AI BETAClose X

The Mercantile Investment Trust PLC announced on November 6, 2025, the repurchase of 500,000 Ordinary shares into Treasury at 248.04 pence per share. This transaction increases the total shares held in Treasury to 246,365,839, resulting in 698,126,341 shares remaining in issue. The company's policy is to re-issue these Treasury shares only at a premium to their net asset value, a move that typically supports shareholder value by reducing the outstanding share count and potentially boosting earnings per share.

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