Fidelity European Trust Buys Back Own Shares
Fidelity European Trust PLC announced on October 12, 2026, that it repurchased 300,000 of its own shares. The average price paid per share was 413.41 pence.
Fidelity European Trust PLC has repurchased 300,000 of its own shares, which will be held as treasury shares. The company announced the transaction on October 12, 2026.
The shares were bought at an average price of 413.41 pence per share. The lowest price paid was 412.50 pence and the highest was 413.50 pence per share.
Share buybacks are a common corporate finance activity, often undertaken to return capital to shareholders or to offset the dilutive effect of employee stock options. Treasury shares can be held indefinitely, reissued, or cancelled.
Fidelity European Trust is an investment trust focused on European equities. This transaction reflects the company's active management of its capital structure.