Financial Powerhouse BlackRock Throgmorton Trust Buys Back 25,000 of Its Own Shared, Bolstering Its Treasury

In a display of sound financial strategy, BlackRock Throgmorton Trust has announced that it has seized the opportunity to further bolster its treasury by acquiring another 25,000 of its ordinary shares. This tactical move sees the shares, bought at an average price of 559.00 pence each, to be held within the treasury, reinforcing the trust’s financial standing.

With the settlement of this purchase expected on 07 May 2025, the trust’s issued share capital will rise impressively to 78,021,864 Ordinary Shares. This ongoing acquisition strategy means an exclude of a hefty 25,188,000 shares that are now nestled snugly in the treasury.

Adhering to the FCA’s Disclosure Guidance and Transparency Rules, the market should dismiss any shares held in the treasury. Instead, for official reporting purposes, they should use the figure of 78,021,864 as the final calculation following the scheduled settlement.

For any inquiries, interested parties are invited to contact Kevin Mayger, the Company Secretary from BlackRock Investment Management (UK) Limited.