Fidelity European Trust Buys Back Own Shares
Fidelity European Trust PLC announced on October 5, 2026, that it repurchased 440,000 of its own shares.
Fidelity European Trust PLC has executed a transaction involving its own shares, repurchasing 440,000 ordinary shares on October 5, 2026. The company's board announced the buyback.
The average price paid per share was 419.02 pence. The lowest price recorded for the transaction was 418.50 pence, and the highest was 419.50 pence per share.
These repurchased shares are to be held in treasury. Companies typically hold treasury shares for various purposes, including potential future share-based incentive plans or corporate transactions, though Fidelity European Trust did not specify the intended use.
The move comes as part of the company's ongoing capital management strategy. Fidelity European Trust PLC is an investment trust focused on European equities.