Fidelity European Trust PLC repurchases 500,000 shares

Fidelity European Trust PLC executed a share repurchase program on November 3, 2026, acquiring 500,000 ordinary shares to be held in treasury. The transaction was conducted within a price range of 413.50 pence and 414.00 pence, settling at an average of 413.86 pence per share.

Share buybacks are a common mechanism used by investment trusts to manage the discount between the share price and the net asset value. By reducing the number of shares in circulation, the company aims to support the valuation for remaining shareholders.

The board confirmed the transaction as part of its ongoing capital management strategy. Following this purchase, the trust will update its total voting rights figures in accordance with regulatory requirements.