F&C Investment Trust PLC has restated the details of its current share buyback authority, granting it authority to repurchase up to 78,838,000 of its ordinary shares at the annual general meeting held on 3 May 2022.
The Board expects to renew this authority annually and the purchases can be funded from the Company's own cash resources or, if appropriate, from short term borrowings.
J.P. Morgan Securities plc is acting as the Company's broker for the buy-back transactions.
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