Fidelity European Trust Buys Back 300,000 Own Shares
Fidelity European Trust PLC announced on August 21, 2026, that it has repurchased 300,000 of its own shares. The average price paid per share was GBp 438.96.
Fidelity European Trust PLC has repurchased 300,000 of its own shares on August 21, 2026. The buyback was executed at an average price of GBp 438.96 per share.
The transaction saw the company acquire shares at prices ranging from a low of GBp 438.50 to a high of GBp 439.00. These repurchased shares will be held in treasury by the company.
This move by Fidelity European Trust PLC is a form of capital return to shareholders, reducing the total number of shares outstanding. Such actions can potentially increase earnings per share if the company's overall profit remains stable or grows.
The company's board announced the transaction, providing details on the number of shares bought, the date, and the price range. Further information regarding the impact on the company's share structure following this transaction was expected to be made available.