BlackRock Smaller Companies Trust and BlackRock Throgmorton Trust Announce Their Own Share Purchases To be Held in Treasury

Published: 11 Apr 2025
The investment giants BlackRock Smaller Companies Trust and BlackRock Throgmorton Trust have made a bold move by purchasing their own shares to store in treasury.

BlackRock Smaller Companies Trust and BlackRock Throgmorton Trust have both announced the purchase of a significant number of their own shares. The investment firms disclosed the transaction of purchasing 30,000 and 25,000 of their own outstanding Ordinary Shares, respectively.

The BlackRock Smaller Companies Trust purchased its shares at an average price of 1,150.67 pence each, while BlackRock Throgmorton Trust bought its at 489.60 pence per share. Both firms have chosen to hold these shares in treasury. This move will impact the issued share capital of the companies post-settlement on 15th April 2025. The Smaller Companies Trust’s issued share capital post-settlement will be 43,104,792 Ordinary Shares, and for the Throgmorton Trust, it will be 78,296,864 Ordinary Shares.