Smithson Investment Trust Purchases Shares in Bold Treasury Move

Published: 04 Apr 2025
Smithson Investment Trust PLC carries out significant transactions in shares. This strategic move sees a substantial number of shares being held in treasury, showcasing the company's robust financial plans.

In a strategic financial decision, Smithson Investment Trust PLC has announced the acquisition of a substantial number of ordinary shares, earmarked for holding within its treasury. On April 4, 2025, the financial institution spectacularly purchased 194,883 ordinary shares, each valued at 1p, at a price of 1,351.9827 pence per share. This decisive action has resulted in a total of 54,005,485 ordinary shares being held within the company’s treasury.

Reinforcing its strong financial approach, the Trust didn’t stop there. On April 7, 2025, they followed up their previous transaction with the purchase of an additional 115,000 ordinary shares at a price of 1,273.1694 pence per share. Post this transaction, the company’s treasury held a total of 54,120,485 ordinary shares. Simultaneously, 122,987,473 ordinary shares are presently in circulation.