Transaction in Own Shares

Summary by AI BETAClose X

The Mercantile Investment Trust PLC has repurchased 1,750,000 ordinary shares into treasury at a price of 237.36 pence per share. Following this transaction, the company now holds 280,601,946 ordinary shares in treasury, with the total number of shares in issue, excluding treasury shares, standing at 663,890,234. The company has stated its intention to only re-issue shares held in treasury at a premium to net asset value.

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UK 100

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