Fidelity European Trust Buys Back Own Shares

Fidelity European Trust PLC announced on Tuesday a transaction involving the repurchase of its own shares. The company confirmed it bought back 50,000 of its own shares, with the transaction date recorded as September 30, 2026.

The average price paid for each share was 423.000 pence. The lowest and highest prices paid were also recorded at 423.000 pence, indicating all shares were acquired at the same price point. These shares are now held in treasury by the company.

Further details regarding the company's share capital following this transaction are expected. Share buybacks can impact a company's earnings per share and signal management's view on the stock's valuation.