Transaction in Own Shares

Summary by AI BETAClose X

The Mercantile Investment Trust PLC has repurchased 500,000 ordinary shares into treasury at 275.51 pence per share, bringing its total treasury holdings to 321,967,411 shares. Following this transaction, the company has 622,524,769 shares in issue excluding treasury shares. The company intends to re-issue shares held in treasury only at a premium to net asset value.

Disclaimer*

UK 100

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