Sequoia Economic Infrastructure Income Fund Limited (SEQI), a Guernsey-registered closed-ended investment company focused on economic infrastructure debt, has announced the purchase of 350,000 of its own ordinary shares on 4 November 2026. The shares were acquired at prices ranging from 79.15 pence to 80.00 pence, with an average price of 79.47 pence per share. The company intends to hold the repurchased shares in treasury, bringing its total treasury holding to 150,109,932 shares. Investors in closed-ended funds typically watch buyback activity as a signal of how management views the discount between the share price and net asset value.

Key Points

  • Sequoia Economic Infrastructure Income Fund Limited (SEQI)
  • The company purchased 350,000 ordinary shares on 4 November 2026 for treasury at an average price of 79.47 pence per share
  • Highest price paid was 80.00 pence; lowest was 79.15 pence; total treasury holding now stands at 150,109,932 shares
  • Investors may be watching whether further buybacks continue as the company manages its share count and discount

SEQI Purchases 350,000 Shares on 4 November 2026 Within 79.15p–80.00p Range

The announcement states that Sequoia Economic Infrastructure Income Fund completed the purchase of 350,000 ordinary shares of no-par value on 4 November 2026. The highest price paid per share was 80.00 pence, the lowest was 79.15 pence, and the average price paid was 79.47 pence. All repurchased shares are to be held in treasury rather than cancelled. The company noted that this figure includes shares purchased but not yet settled, bringing the aggregate treasury holding to 150,109,932 shares following the transaction.

Treasury Holding Reaches 150,109,932 Shares as Voting Share Count Stands at 1,464,082,623

Following the buyback, the total number of shares in issue — excluding those held in treasury — stands at 1,464,082,623. The announcement confirms this figure represents the total voting rights in the company and is intended to serve as the denominator for shareholders calculating whether they are required to disclose interests under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules. This regulatory disclosure is a standard requirement accompanying share buyback announcements for listed investment companies operating under UK and Guernsey frameworks.

SEQI's Infrastructure Debt Strategy Underpins Buyback Context

Sequoia Economic Infrastructure Income Fund is advised by Sequoia Investment Management Company Limited and seeks to deliver regular, sustained, long-term distributions alongside capital appreciation. The company's portfolio comprises senior and subordinated economic infrastructure debt investments, a strategy designed to generate income across market cycles. As a Guernsey-registered closed-ended structure, the fund is listed on the London market, where buybacks are a common tool used by investment company boards to manage discounts to net asset value and signal confidence in the underlying portfolio.