REG-Pershing Square Holdings, Ltd. Pershing Square Holdings, Ltd. Announces Additional Share Buyback Program of $100,000,000

Pershing Square HoldingsAnnouncement

16/12/2024 17:15

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Pershing Square Holdings, Ltd. Announces Additional Share Buyback Program of
$100,000,000

 

Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) today announced an
additional share buyback program (the “Program”) for $100,000,000 of
PSH’s outstanding Public Shares on the London Stock Exchange and Euronext
Amsterdam. The Program will commence following the completion of the
previously announced $100,000,000 share buyback. The larger size of the
Program is intended to reduce the risk that it is exhausted during a period
when there are trading window restrictions on new authorizations. The Program
is expected to be accretive to NAV per share and will reduce PSH’s capital.

As of 13 December 2024, PSH had completed 29.3% of the previously announced
$100,000,000 share buyback program. PSH commenced that program on 27 November
2024 and has repurchased a total of 598,409 PSH Public Shares at an average
price of $48.92.

Since PSH commenced its first share buyback program on 2 May 2017, PSH has
repurchased 66,551,162 PSH Public Shares for a total of $1.4 billion at an
average price of $21.06.

Jefferies International Limited will continue in its role as sole buyback
agent for the Program which will enable the purchase of shares during closed
periods. Shares repurchased by the Company will be held in Treasury.

PSH advises shareholders that the number of shares to be repurchased under the
Program is the maximum of $100,000,000 or 5,000,000 PSH Public Shares.

About Pershing Square Holdings, Ltd.

Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) is an investment
holding company structured as a closed-ended fund.

Category: (PSH:CorporateActions)

Media 

Camarco 

Ed Gascoigne-Pees / Julia Tilley +44 (0)20 3781 8339,
media-pershingsquareholdings@camarco.co.uk
(mailto:media-pershingsquareholdings@camarco.co.uk)



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Pershing Square Holdings, Ltd.


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