Fidelity European Trust repurchases 50,000 shares
Fidelity European Trust PLC has acquired 50,000 of its own shares to be held in treasury, following a transaction executed on October 28, 2026.
Fidelity European Trust PLC confirmed the repurchase of 50,000 ordinary shares on October 28, 2026. The transaction was executed at a uniform price of 414.00 pence per share.
The shares acquired in this operation will be held in treasury. Such share buyback programs are commonly used by investment trusts to manage share price volatility and align the market price of the shares more closely with the underlying net asset value.
This transaction follows the company's stated financial management strategy. The move adjusts the total number of shares in circulation and represents a routine capital allocation activity for the trust.