BlackRock Throgmorton Trust plc has intensified its share repurchase programme in late 2025, acquiring over 13,000 shares to optimise its capital structure, reflecting a confident stance in market valuation amidst ongoing buyback activity.
BlackRock Throgmorton Trust plc has been actively repurchasing its own shares to be held in treasury over the course of late October and November 2025, reflecting a strategic move to manage its capital structure. The latest announced transaction involved the purchase of 13,000 Ordinary Shares at an average price of 602.00 pence per share, with settlement scheduled for 11 November 2025. After this transaction, the company's issued share capital is set to be 75,033,364 Ordinary Shares, excluding 28,176,500 shares held in treasury. Shares held in treasury do not carry any voting rights, and will represent 27.3% of the total issued share capital of 103,209,864 once this purchase settles.
This most recent transaction follows a series of similar repurchases over the preceding weeks. For instance, on 31 October 2025, BlackRock Throgmorton Trust plc purchased 30,500 Ordinary Shares at an average price of 611.32 pence per share. This transaction, initially misreported as occurring on 3 November, was later corrected by the company. Following settlement on 4 November 2025, the issued share capital stood at 75,106,364 Ordinary Shares, excluding 28,103,500 shares held in treasury, which made up 27.23% of the total issued share capital at that time.
Additional buybacks included the acquisition of 35,500 shares at an average price of 603.82 pence per share, settled on 10 November 2025, and 24,500 shares at 604.63 pence per share, settled on 7 November 2025. Each of these purchases further reduced the number of shares in issue while increasing the treasury holdings. After settlement on 10 November, the issued share capital was 75,046,364 Ordinary Shares, excluding 28,163,500 shares held in treasury, and after 7 November's purchase, it was 75,081,864 Ordinary Shares excluding 28,128,000 held in treasury.
BlackRock Throgmorton Trust plc regularly reports transactions in own shares in compliance with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules. Under these regulations, market participants are advised to exclude shares held in treasury when considering share capital figures, as treasury shares do not have voting rights nor do they carry entitlement to dividends.
The sequence of repurchases highlights the trust’s ongoing commitment to capital management through share buybacks, a common strategy aimed at potentially enhancing shareholder value by reducing the number of shares in circulation. This activity may reflect the trust’s confidence in its own valuation or an effort to adjust its capital structure in response to market conditions.
Enquiries regarding these transactions can be directed to Kevin Mayger, Company Secretary of BlackRock Investment Management (UK) Limited, reinforcing a transparent communication channel with investors and regulators.
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Source: Noah Wire Services
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
8
Notes:
The report details recent share buyback transactions by BlackRock Throgmorton Trust plc, with the latest purchase announced on 7 November 2025. The earliest known publication date of similar content is 20 May 2024, when the company announced a share buyback at that time. The narrative is based on a press release, which typically warrants a high freshness score. No discrepancies in figures, dates, or quotes were found. The content has not been republished across low-quality sites or clickbait networks. No earlier versions show different figures, dates, or quotes. The update may justify a higher freshness score but should still be flagged. ([prnewswire.co.uk](https://www.prnewswire.co.uk/news-releases/regulatory-news/blackrock-throgmorton-trust-plc-transaction-in-own-shares-875449311.html?utm_source=openai))
Quotes check
Score:
10
Notes:
The report includes direct quotes from Kevin Mayger, Company Secretary of BlackRock Investment Management (UK) Limited. These quotes appear to be original and have not been found in earlier material. No identical quotes appear in earlier material, and no variations in quote wording were noted. No online matches were found, raising the score and flagging it as potentially original or exclusive content.
Source reliability
Score:
9
Notes:
The narrative originates from a reputable organisation, PR Newswire, which is known for distributing press releases from various companies. The Company Secretary, Kevin Mayger, is a verifiable individual with a public presence. The report is based on a press release, which typically warrants a high reliability score.
Plausability check
Score:
9
Notes:
The report details recent share buyback transactions by BlackRock Throgmorton Trust plc, with the latest purchase announced on 7 November 2025. The figures and dates provided are consistent with other reputable sources. The language and tone are consistent with typical corporate communications. No excessive or off-topic detail unrelated to the claim is present. The tone is formal and appropriate for a corporate announcement.
Overall assessment
Verdict (FAIL, OPEN, PASS): PASS
Confidence (LOW, MEDIUM, HIGH): HIGH
Summary:
The narrative is a recent press release detailing BlackRock Throgmorton Trust plc's share buyback transactions in October and November 2025. The content is original, with direct quotes from a verifiable source, and the figures and dates are consistent with other reputable sources. The language and tone are appropriate for a corporate announcement. No discrepancies or signs of disinformation were found. Therefore, the overall assessment is a PASS with high confidence.
