BlackRock Trusts Acquire Own Shares Increasing Treasury Holdings

BlackRock Throgmorton Trust PLC recently purchased 44,500 of its own ordinary shares at an average price of 609.32 pence per share to be held in treasury, increasing the treasury-held shares to 26.74% of the total issued share capital. These treasury shares do not carry voting rights, affecting the calculation of voting power among stakeholders. Additionally, BlackRock Smaller Companies Trust PLC acquired 30,000 of its shares at an average price of 1,334 pence per share, bringing treasury shares to 18.1% of its total issued capital. The share buybacks aim to manage the companies' capital structure and could influence shareholder voting dynamics. BlackRock Throgmorton Trust PLC's financial performance remains strong, with positive revenue growth and attractive valuation despite some market volatility. These transactions reflect ongoing strategic treasury management within BlackRock trusts, while Société BIC reported its total voting rights and shares as part of routine disclosures without recent share buyback activity.