Fidelity European Trust Buys Back Own Shares
Fidelity European Trust PLC announced on September 24, 2026, that it repurchased 200,000 of its own shares. The average price paid per share was 424.790 pence.
Fidelity European Trust PLC announced on September 24, 2026, that it executed a transaction to buy back 200,000 of its own shares. The company stated that these shares were bought into Treasury.
The average price paid for the repurchased shares was 424.790 pence per share. The lowest price paid was 423.500 pence per share, and the highest price paid was 425.000 pence per share. The announcement did not detail the specific purpose of these repurchased shares or the immediate impact on the company's holdings.
Share repurchases are a common corporate action allowing companies to return capital to shareholders. Such buybacks can also influence earnings per share by reducing the total number of outstanding shares, potentially increasing EPS if net income remains constant.
Fidelity European Trust PLC is an investment trust focused on European equities. The board's announcement adheres to regulatory requirements for disclosing transactions in own shares.