Fidelity European Trust PLC Buys Back Own Shares
Fidelity European Trust PLC announced on October 14, 2026, that it repurchased 130,000 of its own shares. The company stated the average price paid per share was 414.000 GBp.
Fidelity European Trust PLC (the 'Company') has executed a buyback of its own shares, announcing the repurchase of 130,000 shares on October 14, 2026.
The shares were acquired at an average price of 414.000 pence sterling (GBp) per share. The lowest and highest prices paid were identical, both at 414.000 GBp, indicating a consistent trading price during the transaction.
Following this transaction, the Company's total number of issued shares stands at 528,350. This reduction in outstanding shares can impact earnings per share and dividend distribution.
Share repurchases are a common corporate action aimed at managing a company's capital structure and can be seen as a sign of confidence in the company's valuation.