Pershing Square Holdings, Ltd. announces an additional $100,000,000 share repurchase program

Regulatory news:

Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) today announced a share repurchase program (the “Program”) for $100,000,000 of PSH’s outstanding public shares on the London Stock Exchange and Euronext Amsterdam. The program is expected to increase the net asset value per share and will reduce PSH’s capital.

Since PSH commenced its first share repurchase program on May 2, 2017, PSH has repurchased 65,952,753 PSH Public Shares for a total of $1.4 billion at an average price of $20.81.

Jefferies International Limited will continue in its role as sole repurchase agent for the program, which will enable the purchase of shares during closed periods. Shares that are bought back by the company will be held in the treasury.

PSH advises shareholders that the number of shares to be repurchased under the Program may not exceed USD 100,000,000 or 5,000,000 PSH Public Shares. The program is expected to last approximately until PSH’s next annual general meeting, but may end earlier depending on the stock exchange’s liquidity.

About Pershing Square Holdings, Ltd.

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

Category: (PSH:CorporateActions)