LONDON - Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH), a closed-ended investment holding company, has repurchased a total of 66,247 of its own public shares, the company announced today. The shares were bought back on various trading venues including the London Stock Exchange and Euronext Amsterdam at an average price per share of $44.38 USD.
The buyback activity took place today, with the London Stock Exchange seeing the majority of shares repurchased. Pershing Square Holdings acquired 48,712 shares at an average price of 3,481 pence or $44.41 USD per share. Prices on this exchange ranged from 3,452 pence ($44.04 USD) to 3,496 pence ($44.61 USD) per share. In addition, 3,762 shares were bought back on the same exchange under the ticker PSHD at an average price of $44.35 USD.
Euronext Amsterdam also saw a significant number of shares repurchased, with 13,773 shares bought at an average of $44.25 USD each. The highest and lowest prices paid per share on this venue were $44.55 USD and $43.70 USD, respectively.
Following the repurchase, Pershing Square Holdings will hold these shares in Treasury. The net asset value per public share related to the buyback is $65.04 USD or 51.02 GBP, as calculated on December 31, 2023. After accounting for the repurchased shares, the company has 185,134,544 public shares outstanding, with an additional 25,822,206 public shares held in Treasury.
The company's special voting share, held by PS Holdings Independent Voting Company Limited, remains unaffected by the buyback.
The information provided in this article is based on a press release statement from Pershing Square Holdings, Ltd.
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