Lowland Investment Co PLC and The Henderson Smaller Cos Inv Tst PLC Purchase Their Own Shares, Betting On Their Future Prosperity

In a remarkable display of self-assurance, Lowland Investment Co PLC and Henderson Smaller Cos Inv Tst PLC have initiated buybacks of their own shares. Lowland Investment Company PLC announced a market purchase of 70,717 ordinary shares in the company at a price of 132.2443p per share. Similarly, Henderson nimbly followed suit by buying back 20,303 of its own shares at a price of 791.1397p per share. Both purchases were made under the companies’ respective authority, previously granted at their Annual General Meetings, to buy back up to a maximum of 14.99% of their own shares. The shares bought by both parties will be held in treasury for the foreseeable future.

Shareholders are undoubtedly bolstered by this move, which underscores both companies’ commitment to their future prosperity. As treasury shares hold no voting rights, the total number of voting rights in Lowland and Henderson remains at 232,136,457 and 70,845,603, respectively.