Fidelity European Trust Buys Back Own Shares
Fidelity European Trust PLC announced on Wednesday it repurchased 370,000 of its own shares. The shares were bought back into the company's treasury on September 29, 2026.
Fidelity European Trust PLC announced on Wednesday that it has executed a transaction to repurchase its own shares. The company bought back 370,000 shares for its treasury.
The transaction occurred on September 29, 2026, with an average price paid of 426.000 pence per share. The lowest price paid was 424.000 pence per share, and the highest was 427.000 pence per share.
Repurchasing shares into treasury is a common corporate action used by companies to manage their capital structure or to satisfy obligations under employee share schemes. The company has not provided further details regarding the specific reasons for this buyback or its anticipated impact on future strategy or shareholder value.