Fidelity European Trust Buys Back Own Shares
Fidelity European Trust PLC announced on September 15, 2026, that it has repurchased 364,000 of its own shares. The transaction involved buying shares into treasury.
Fidelity European Trust PLC announced on September 15, 2026, that the company has completed a transaction involving its own shares. A total of 364,000 shares were repurchased by the company。
The average price paid for these shares was 416.500 pence per share. The lowest price paid was 416.000 pence, and the highest was 416.500 pence per share. Following this transaction, the company holds 364,000 shares in treasury.
Share buybacks can be an indicator of management's confidence in a company's valuation and future prospects. They can also potentially increase earnings per share by reducing the number of outstanding shares.
Fidelity European Trust PLC is an investment trust focused on European equities. Such transactions are part of its capital management activities.