Fidelity European Trust Buys Back Own Shares
Fidelity European Trust PLC announced on October 16, 2026, that it repurchased 200,000 of its own shares. The average price paid per share was 413 pence.
Fidelity European Trust PLC announced on October 16, 2026, that it had executed a transaction to buy back its own shares. The company repurchased 200,000 shares. While the specific reasons for the buyback were not detailed, such actions can be taken to optimize capital structure or return value to shareholders.
The average price paid for these shares was 413 pence. Notably, the lowest and highest prices paid for the shares during this transaction were also 413 pence, suggesting a uniform purchase price.
Following this transaction, the total number of treasury shares held by the company will be adjusted. The company stated it would update on the remaining number of treasury shares.