(Alliance News) - Pershing Square Holdings Ltd on Tuesday announced a USD100 million share buyback programme for its shares listed on the London Stock Exchange and Euronext Amsterdam.
The programme will start following the completion of the previously announced USD100 million programme, of which 5.2 million shares have been bought back, or 94% of the programme.
The maximum amount of shares that can be repurchased under the program is 6.0 million shares, and Jefferies International Ltd will act as sole buyback agent for the program, with all repurchased shares going into the Treasury.
Also on Tuesday, the investment trust said it will hold its annual general meeting on April 27.
Shares in Pershing Square Holdings closed 5.3% higher at 1,518.00 pence on Tuesday in London.
By Dayo Laniyan; dayolaniyan@alliancenews.com
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Pershing Square Holdings (PSH)