Pershing Square Holdings, Ltd. Announces Addi...
Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) today announced a share buyback program (the “Program”) for $100,000,000 of PSH’s outstanding Public Shares on the London Stock Exchange. The Program is expected to be accretive to NAV per share and will reduce PSH’s capital.
Since PSH commenced its first share buyback program on 2 May 2017, PSH has repurchased 76,847,142 PSH Public Shares for a total of $2.0 billion at an average price of $25.66.
Jefferies International Limited will continue in its role as sole buyback agent for the Program which will enable the purchase of shares during closed periods. Shares repurchased by the Company will be held in Treasury.
PSH advises shareholders that the number of shares to be repurchased under the Program shall not exceed $100,000,000 or 5,000,000 PSH Public Shares.
This announcement contains Inside Information as defined under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018.
About Pershing Square Holdings, Ltd.
Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) is an investment holding company structured as a closed-ended fund.
Category: (PSH:CorporateActions)
Media Contact
Camarco
Ed Gascoigne-Pees / Julia Tilley +44 (0)20 3757 4980, MediaInquiries@pershingsquareholdings.com
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