Templeton Emerging Markets buys back shares for cancellation

Templeton Emerging Markets Investment Trust PLC (NZX:TEM) announced today that on May 19, 2025, it purchased 73,678 of its ordinary shares for cancellation. The shares, which have a par value of 5 pence each, were bought at a price of GBP175.10 per share. Following this transaction, the company’s share capital consists of 1,016,478,500 shares in issue and 60,000,000 shares held in treasury. The total number of voting rights in the Company is 1,016,478,500. Shares held in treasury will only be reissued at a price above the prevailing NAV per share at the time of reissue. This figure (1,016,478,500) may be used by shareholders as the denominator for calculations related to changes in their interest in the Company under the FCA’s Disclosure Guidance and Transparency Rules.