1st Feb 2024 10:44
Witan Investment Trust PLC - London-based investment company, with diverse holdings including in Apax Global Alpha Ltd, Unilever PLC and Microsoft Corp - Enters into agreement with JPMorgan Securities PLC to oversee the the company's ongoing share buyback programme. The programme, approved by Witan shareholders in May, is for up to 99.0 million, or 15%, of the company's shares. Witan says the agreement with JPMS will "remove the administrative burden of overseeing share buybacks on a day-to-day basis". Since May, Witan has repurchased 38.8 million of its shares, with a remaining buyback balance of 60.2 million as of January 31. Read More
