-+ 0.00%
-+ 0.00%
-+ 0.00%

BlackRock Smaller Companies Trust seeks shareholder approval to renew share buyback authority up to 35,987,834 shares

PUBT·09/10/2026 13:22:28
Listen to the news
BlackRock Smaller Companies Trust seeks shareholder approval to renew share buyback authority up to 35,987,834 shares
  • BlackRock Smaller Companies Trust set a general meeting for Oct. 9, 2026 to renew its share buyback authority early.
  • Vote seeks to replace the remaining mandate with permission to repurchase up to 35,987,834 shares, capped at 14.99% of shares in issue.
  • Board support reflects a five-for-one share subdivision that diluted the effective size of the existing buyback mandate.
  • Since the June 2026 AGM, 5,385,000 shares were repurchased, using 59.22% of the existing authority; remaining capacity is 3,707,989 shares.
  • New authority would run until the 2027 AGM or 15 months from approval, whichever comes first.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BlackRock Smaller Companies Trust plc published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609100921PR_NEWS_PRUKDSCX_0090) on September 10, 2026, and is solely responsible for the information contained therein.