Invesco Asia Dragon Trust plc (IAD) has announced the repurchase of 100,000 ordinary shares of 10p each at a price of 471.00p per share on 13 November 2026, with the acquired shares to be held as Treasury Shares. The buyback brings the trust's total treasury holding to 20,780,594 shares, while the number of ordinary shares remaining in issue falls to 196,839,151. Share repurchases of this nature are commonly used by investment trusts to manage discount levels and return capital to shareholders, making the update of relevance to existing and prospective investors in the trust.

Key Points

  • Invesco Asia Dragon Trust plc (IAD), LEI: 549300YM9USHRKIET173
  • The trust repurchased 100,000 ordinary shares of 10p each at 471.00p per share on 13 November 2026, to be held in treasury
  • Total treasury shares now stand at 20,780,594; shares in issue (excluding treasury) total 196,839,151
  • Investors may be watching whether further buyback activity continues as the trust manages its discount and capital structure

Invesco Asia Dragon Trust Buys Back 100,000 Shares at 471.00p on 13 November 2026

The announcement confirms that Invesco Asia Dragon Trust plc completed the repurchase of 100,000 ordinary shares, each with a nominal value of 10p, at a price of 471.00p per share on 13 November 2026. The repurchased shares are to be held as Treasury Shares rather than being cancelled. Invesco Asia Dragon Trust is a closed-ended investment trust managed by Invesco Asset Management Limited, providing investors with exposure to equity markets across the Asia-Pacific region. Share buybacks are a tool frequently employed by investment trusts to address discounts to net asset value and to manage the trust's capital structure over time.

Treasury Share Position Rises to 20,780,594 Following Latest Repurchase

Following the completion of this transaction, the total number of ordinary shares held in treasury by Invesco Asia Dragon Trust plc has risen to 20,780,594. This represents a meaningful proportion of the trust's overall share capital. The total number of ordinary shares remaining in issue, explicitly excluding the treasury holdings, now stands at 196,839,151. These updated share capital figures are relevant for investors and market participants who use the total voting rights and shares-in-issue data for regulatory notification purposes and for calculating percentage shareholding thresholds under applicable disclosure rules.

Invesco Asset Management Limited Acts as Corporate Manager for the Asia-Focused Trust

The announcement was issued on behalf of Invesco Asia Dragon Trust plc by Tobi Teriba, acting as Corporate Secretary for and on behalf of Invesco Asset Management Limited. Will Ellis, Head of Specialist Funds at Invesco, is also listed as a point of contact. Invesco Asset Management Limited serves as the trust's investment manager, overseeing its portfolio of Asia-Pacific equities. Investors seeking further information have been directed to contact the trust's representatives directly via the telephone numbers provided in the company update. No additional financial guidance or commentary on portfolio performance was included in this announcement.