Edinburgh Investment Trust Repurchases 85,000 Shares for Treasury 2026

Key Points

• Edinburgh Investment Trust PLC (GB:EDIN) repurchased 85,000 of its 25p ordinary shares on the London Stock Exchange.​
• The shares were bought at an average price of approximately 791p per share, as reported in recent updates.​
• These shares are to be held in treasury, increasing the total treasury holdings and reducing the number of voting shares.
• Post-buyback, the total number of ordinary shares with voting rights stands at around 134.48 million.​
• This is part of an ongoing share repurchase programme authorised by shareholders, with previous buybacks including 70,000 shares at 796.38p on 3 February 2026.​
• Earlier transactions: 85,000 shares at 800.76p on 21 October 2025, reducing voting shares to 139,603,025.​
• On 13 October 2025, another 85,000 shares repurchased, optimising capital structure.​
• 35,000 shares at 745.93p on 7 January 2025, reducing voting shares to 145,771,025.​
• 50,000 shares at 727.25p on 29 October 2024, adjusting voting shares to 147,249,025.​
• Cumulative buybacks since March 2020 total 17.4% of share capital, adding 1.7% to NAV as per annual report for year ended 31 March 2025.​
• Buyback authority approved on 22 July 2025 for up to 29,330,443 shares (14.99% of issued capital), with min price 25p and max 105% of average market price.​
• Analyst ratings include Buy with targets up to £932.00, and Spark AI rating of Outperform citing strong fundamentals.
• Share price closed at 740p end of FY 31 March 2025, with discount narrowing from 11.5% to 9.4% aided by buybacks.​

Edinburgh, Scotland (Edinburgh Daily News) February 21, 2026 – Edinburgh Investment Trust PLC has executed another strategic share buyback, repurchasing 85,000 ordinary shares to bolster its treasury stock, as part of its ongoing capital management efforts amid a robust programme of repurchases.​

What is the Latest Share Buyback by Edinburgh Investment Trust?

The most recent transaction saw Edinburgh Investment Trust PLC repurchase 85,000 of its 25p ordinary shares on the London Stock Exchange, according to an update reported by TipRanks.com.

These shares were acquired at an average price of 791p per share and are intended to be held in treasury. Following this buyback, the total number of ordinary shares carrying voting rights has been reduced to 134.48 million, which could influence earnings per share and shareholder voting dynamics.

As detailed in the TipRanks announcement, this move reflects the company’s commitment to optimising its capital structure. Similar details emerged from a parallel report on TipRanks, confirming the repurchase of 85,000 shares specifically for treasury holding.

When Did Edinburgh Investment Trust Last Repurchase Shares?

The latest buyback occurred on or around 20 February 2026, boosting treasury stock as per the primary announcement. Just days earlier, on 16 February 2026, Edinburgh Investment Trust PLC repurchased another 85,000 shares at an average of 791p, underscoring the frequency of these operations.

Previously, as reported by The Globe and Mail, the trust bought back 70,000 shares on 3 February 2026 at 796.38p each, raising treasury shares to 60,063,709 and voting shares to 135,603,025.​

How Does This Buyback Affect Voting Shares and Treasury Holdings?

Post the 20 February 2026 transaction, treasury holdings have increased, with voting rights now at 134.48 million ordinary shares. This reduction in circulating shares with voting rights may enhance value for remaining shareholders by mitigating dilution.

In the 3 February buyback, as covered by The Globe and Mail, treasury shares rose to 60,063,709, lowering voting shares to 135,603,025. An earlier October 2025 repurchase of 85,000 shares at 800.76p similarly adjusted treasury to 56,603,709 and voting shares to 139,603,025.

What Were Previous Share Buybacks by Edinburgh Investment Trust?

Edinburgh Investment Trust has maintained a consistent buyback strategy. On 13 October 2025, it announced the repurchase of 85,000 ordinary shares for treasury, as per TipRanks, potentially impacting shareholder influence.​

Business Insider Markets reported a 35,000 share buyback on 7 January 2025 at 745.93p average, reducing voting shares to 145,771,025 as part of capital management. TipRanks noted a 50,000 share purchase on 29 October 2024 at 727.25p, setting voting shares at 147,249,025.

Further back, on 30 December 2025, 55,000 shares were acquired at 821.90p via Investec Bank plc, increasing treasury to 59,623,709 and voting shares to 136,603,025, according to The Globe and Mail. On 25 November 2025, another 85,000 shares were bought, reducing voting shares to 137,578,025.

What is the Impact of Buybacks on Edinburgh Investment Trust’s Performance?

The Association of Investment Companies (AIC) highlighted in its 20 May 2025 report that buybacks contributed 0.4% to NAV for the year ended 31 March 2025, with cumulative repurchases of 4.7% that year and 17.4% since March 2020 adding 1.7% to NAV. Share price rose 11.3% to 740p, narrowing the discount from 11.5% to 9.4%.​

QD, commenting in the AIC article, noted:

“Although EDIN’s NAV has underperformed its benchmark during the last year, we are now five years on from Liontrust’s appointment and the trust’s performance under the current manager is now well ahead of the benchmark and its dividend is comfortably outpacing inflation. Share buybacks are providing helpful NAV-accretion and have chipped away at the discount.”​

What Shareholder Authority Supports These Buybacks?

Marketscreener reported that on 28 July 2025, Edinburgh Investment Trust commenced a buyback plan for up to 29,330,443 shares (14.99% of issued capital), authorised at the AGM on 22 July 2025.

The minimum price is 25p, maximum the higher of 105% of five-day average middle market quote or last independent trade/highest bid. Shares may be cancelled or held in treasury; authority expires at next AGM or 15 months post-resolution. As of 17 July 2024, issued shares were 143,281,025 ordinary with 52,385,709 in treasury.​

An LSE RNS on 25 July 2025 detailed a 45,000 share purchase on 24 July at 808.97p via Investec, holding 52,520,709 in treasury post-transaction, with voting shares at 143,146,025 from total issued 195,666,734.​

What Do Analysts Say About Edinburgh Investment Trust Shares?

Analysts maintain a positive stance. The Globe and Mail cited a Buy rating with £932.00 target post-February 2026 buyback. Spark, TipRanks’ AI analyst, rated GB:EDIN as Outperform, praising strong financials, low leverage, favourable technicals, reasonable valuation, and buyback catalysts despite revenue fluctuations.

TipRanks’ technical sentiment was Sell in one report, but overall outlook remains optimistic with focus on asset management positioning.​

Why is Edinburgh Investment Trust Pursuing Aggressive Buybacks?

Buybacks signal confidence in undervaluation, supporting NAV per share and narrowing discounts, as evidenced by the 9.4% discount at FY end 2025. The board, per AIC, explores further options like tenders or continuation votes if needed. Liontrust management, five years in, has outperformed the FTSE All-Share benchmark cumulatively.​

The board seeks shareholder approval to simplify the investment objective, emphasising long-term outperformance of FTSE All-Share and dividend growth above UK inflation, without strategy change.​

This ongoing programme, with multiple transactions detailed across sources, underscores Edinburgh Investment Trust’s proactive approach to enhancing shareholder value in a competitive market.