Kingfish has announced its intention to continue its share buyback programme for the next 12 months.

The programme, which is in compliance with the Companies Act 1993, will run from November 1, 2024, to October 31, 2025.

It allows for the purchase of up to 5% of the company's ordinary shares, equivalent to a maximum of 17.1 million shares.

However, Kingfish said it will only buy back shares if the discount to the last published net asset value is greater than 6%.

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