LONDON - In a series of transactions at the end of 2024 and the beginning of 2025, Invesco Markets II PLC and Legal & General (LON:LGEN) UCITS ETF PLC, along with other entities, have conducted repurchases of their shares. The repurchases, reported by the Bank of New York Mellon (NYSE:BK), involved significant amounts of shares and were executed on various dates, with the latest being Wednesday, January 15, 2025.
The repurchases by Invesco Markets II PLC involved several ISINs, with nominal amounts ranging from 800,206 shares to 108,756,899 shares before the transactions. The markdown amounts for these repurchases varied, with the smallest being 1,080 shares and the largest being 200,000 shares. After the repurchases, the remaining balances for Invesco's shares ranged from 734,636 to 108,556,899 shares.
Legal & General UCITS ETF PLC also repurchased shares across multiple ISINs. Their nominal amounts prior to repurchase ranged from 46,866 to 79,731,206 shares. The markdown amounts ranged from 2,100 to 750,000 shares. Post-transaction, the remaining balances of shares for Legal & General ranged from 44,766 to 79,561,206 shares.
The repurchases included shares from Vanguard and Morgan Stanley (NYSE:MS), among others, indicating a broader trend of share repurchases in the financial sector. The markdown amounts and remaining balances for these entities also varied, with some transactions involving over a million shares.
These repurchases are part of financial strategies that companies use for various reasons, including to return value to shareholders or to reduce the number of shares outstanding. The transactions were completed with value dates ranging from late December 2024 to mid-January 2025.
This information is based on a press release statement and reflects the transactions as reported by the Bank of New York Mellon. It provides a snapshot of the share repurchase activities of several financial entities during the specified period.
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