Transaction in Own Shares

Summary by AI BETAClose X

The Mercantile Investment Trust PLC has repurchased 750,000 ordinary shares into treasury at a price of 269.85 pence per share, costing approximately £2.02 million. Following this transaction, the company now holds 328,183,989 ordinary shares in treasury, with 616,308,191 shares in issue. The company intends to re-issue shares held in treasury only at a premium to net asset value.

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UK 100

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