Templeton Emerging Markets reports NAVs, buys back shares

Templeton Emerging Markets Investment Trust PLC reported its unaudited cum-income net asset value (NAV) and ex-income NAV for several dates in late October 2025. On October 27, the cum-income NAV was £2495.192m (257.39 pence per share), and the ex-income NAV was £2460.952m (253.86 pence per share). By October 30, the cum-income NAV increased to £2546.601m (262.91 pence per share), with the ex-income NAV at £2512.334m (259.37 pence per share). These NAV calculations adhere to Association of Investment Companies recommendations, using bid price information for underlying assets and including or excluding income elements.

In parallel, the company actively engaged in share repurchases. On October 30, 2025, Templeton Emerging Markets purchased 793,457 ordinary shares at 237.48 pence per share for cancellation, bringing the total voting rights to 968,611,051 shares. The next day, October 31, 2025, an additional 1,055,582 ordinary shares were purchased for cancellation at 237.62 pence per share, further reducing the total voting rights to 967,555,469 shares.

Following these transactions, the company's share capital comprises 967,555,469 shares in issue and 60,000,000 shares held in Treasury. Shares held in Treasury will only be reissued above the prevailing NAV per share to protect existing shareholders' interests.