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Fidelity European Trust PLC repurchases 250,000 shares

Fidelity European Trust PLC has acquired 250,000 of its own shares for treasury at an average price of 409.48 pence per share.

26 October 2026

Fidelity European Trust PLC announced the repurchase of 250,000 ordinary shares on October 26, 2026. The transaction was conducted as part of the company's capital management strategy.

The shares were acquired at prices ranging from 409.00 GBp to 409.50 GBp, resulting in an average purchase price of 409.48 GBp per share. The company will hold these shares in treasury.

Share buybacks are frequently utilized by investment trusts to manage share price volatility and narrow discounts to net asset value. This move reduces the total number of shares in circulation.

Original source: news.cision.com