Witness the Power Move: Smithson Investment Trust Takes a Bold Step in Treasury Management

Published: 02 May 2025
Smithson Investment Trust has raised eyebrows in the finance sector by purchasing a significant number of its own shares for treasury.

In a notable transaction, Smithson Investment Trust has shown its financial prowess by buying a sizable share of its own ordinary shares. A move commonly regarded as a bullish sign by market insiders. The transaction took place on 2 May 2025, with Smithson Investment Trust securing 47,327 of its own ordinary shares at a price of 1,469.74 pence per share. The company’s intentions were clear: to hold these shares in the treasury, providing a sturdy backbone for the business.

This bold step took Smithson’s total ordinary shares held in the treasury to a staggering 56,110,741. Meanwhile, the remaining 120,997,217 ordinary shares continue to circulate, with investors eagerly snapping up what they can in a market that recognises Smithson’s potential. It brings the total number of ordinary shares issued by the company to 177,107,958, a sign of its expanding capacities.