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Fidelity Japan Trust PLC Announces Share Repurchase

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Fidelity Japan Trust PLC Announces Share Repurchase

The latest update is out from Fidelity Japan Trust PLC ( (GB:FJV) ).

Fidelity Japan Trust PLC announced a transaction involving the repurchase and cancellation of 50,000 of its own shares at an average price of 172.150 GBp per share. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value. Following the transaction, the company has an issued share capital of 135,396,803 shares, with 21,429,725 shares held in treasury, and total voting rights amounting to 113,967,078. This action may impact shareholders’ calculations regarding their interest in the company under the FCA’s rules.

More about Fidelity Japan Trust PLC

Fidelity Japan Trust PLC operates in the financial services industry, focusing on investment trusts. The company primarily offers investment opportunities in Japanese equities, providing investors with access to the Japanese market through a diversified portfolio.

YTD Price Performance: -2.01%

Average Trading Volume: 128,263

Technical Sentiment Consensus Rating: Buy

See more data about FJV stock on TipRanks’ Stock Analysis page.

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