Templeton Emerging Markets completes share buyback, updates NAV

Templeton Emerging Markets Investment Trust PLC (TEMIT) announced on November 7, 2025, that it purchased 1,000,000 ordinary shares for cancellation at 232.40 pence per share. Following this transaction, the company's share capital consists of 964,911,488 shares in issue, with an additional 60,000,000 shares held in treasury. Total voting rights in the company now stand at 964,911,488. Shares held in treasury will only be reissued at a price above the prevailing NAV to protect existing shareholders' interests.

Additionally, TEMIT reported its unaudited net asset values as of November 6, 2025. The cum-income NAV was £2520.828m, representing 260.97 pence per share. The ex-income NAV was £2486.611m, equating to 257.43 pence per share.

These NAV figures were calculated in accordance with Association of Investment Companies recommendations, with the cum-income NAV including accumulated income and bid price information for underlying assets, and the ex-income NAV excluding these income elements.