Ruffer Investment Company Announces Huge Rewrite of Own Shares, Leaving Market Watchers in Suspense

Ruffer Investment Company Limited, a closed-ended investment company based in Guernsey, has shaken the financial world with a major internal transaction. On the 16th of May, 2025, the company chose to exercise a power granted by its shareholders: it repurchased 250,000 of its own Redeemable Participating Preference Shares, at a price of £2.781166 per share. These shares will be held in the treasury.

This move isn’t as minor as it might seem. The bought-back shares make up approximately 0.065 per cent of the company’s current issued shares. Following this transaction, the company has 383,517,764 Redeemable Participating Preference Shares in issue, with 76,590,000 held in the treasury. For those in the know, the numbers to watch are the 306,927,764 voting rights.

The news broke through the RNS, the news service of the London Stock Exchange. For further information, contact details have been provided of both the Company Secretary and the Broker. As all eyes turn towards Ruffer Investment Company Limited, it just goes to show that even the slightest internal adjustments can have profound impacts on the market at large.