BlackRock Trusts Increase Treasury Shares, Impact Voting Rights
BlackRock Trusts Increase Treasury Shares, Impact Voting Rights

BlackRock Trusts Increase Treasury Shares, Impact Voting Rights

News summary

Several companies have reported recent purchases of their own ordinary shares to be held in treasury, affecting the total issued share capital and voting rights. BlackRock Throgmorton Trust PLC acquired 15,000 shares at an average price of 598.30 pence, resulting in 25.41% of its total issued capital held in treasury, which impacts voting rights and stakeholder interest. Other announcements indicate similar treasury share purchases, with varying quantities and percentages, such as one company holding 14.74% of its total issued capital in treasury after acquiring 207,000 shares. All companies advise shareholders to exclude shares held in treasury when calculating their interest for Disclosure Guidance and Transparency Rules compliance. These treasury shares do not carry voting rights, thereby influencing the companies' shareholder dynamics. The total issued share capital figures are updated accordingly for market transparency and regulatory reporting purposes.

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