Fidelity Asian Values plc (FAS), the London-listed investment trust focused on Asian equities, has announced the repurchase of 30,021 ordinary shares into Treasury, transacted on 5 November 2026. The shares were acquired at an average price of 548.76p, with the range spanning from 542.00p to 554.00p per share. The buyback reduces the number of shares with voting rights to 62,446,931, a figure shareholders may use as the denominator for FCA disclosure calculations. Investors in closed-end funds such as Fidelity Asian Values often monitor buyback activity as an indicator of the board's view on discount management.

Key Points

  • Fidelity Asian Values plc (FAS), managed by FIL Investments International
  • The company repurchased 30,021 shares into Treasury on 5 November 2026
  • Average price paid was 548.76p; range was 542.00p to 554.00p per share
  • Investors should watch the evolving Treasury share balance and total voting rights for further buyback signals

Fidelity Asian Values Repurchases 30,021 Shares at 548.76p Average on 5 November 2026

The board of Fidelity Asian Values plc confirmed it bought 30,021 ordinary shares into Treasury on 5 November 2026 at an average price of 548.76p per share. The lowest price paid during the transaction was 542.00p and the highest was 554.00p. Treasury buybacks of this nature are a standard mechanism used by investment trusts to manage the discount between the share price and net asset value, and the board's decision to execute this purchase indicates active capital management on behalf of shareholders.

Treasury Share Balance Rises to 8,860,892 Following Latest FAS Repurchase

Following the transaction, Fidelity Asian Values plc holds 8,860,892 shares in Treasury, against a total issued share capital of 71,307,823 shares. Shares held in Treasury carry no voting rights under applicable regulations, leaving total voting rights at 62,446,931. The company's announcement notes that this voting rights figure serves as the denominator shareholders should use when determining whether they are required to disclose interests or changes in interests under the FCA's Disclosure Guidance and Transparency Rules.

FIL Investments International Acts as Secretary for the Asian Equities-Focused Trust

Fidelity Asian Values plc is an investment trust that provides exposure to Asian equity markets, operating under the management and administrative oversight of FIL Investments International. The company secretary function is fulfilled by George Bayer of FIL Investments International, who is named as the contact in the announcement. As a closed-end fund listed in London, Fidelity Asian Values is exposed to risks including currency fluctuation across Asian markets, regional geopolitical developments, and the potential for the share price to trade at a persistent discount to net asset value — a risk that buyback programmes are designed in part to address.