Schroders Investment Trusts - Schroder Asian Total Return Investment Company plc (LSE:ATR) commences share repurchases on April 26, 2024, under the program mandated by the shareholders in the Annual General Meeting held on April 24, 2024. As per the mandate, the company is authorized to repurchase up to 14,446,492 shares, representing 14.99% of its issued share capital. The maximum price which may be paid for an ordinary share is an amount equal to 105% of the average of the middle market quotations for the ordinary shares taken from the London Stock Exchange plc Daily Official List for five business days immediately preceding the day on which that Share is contracted to be purchased and an amount equal to the higher of the price of the last independent trade and the highest current independent bid on the trading venues where the purchase is carried out at the relevant time.

The minimum price which may be paid for an ordinary share is 5p. The repurchased shares will be cancelled or held as treasury shares. The authority shall expire at the earliest of the next Annual General Meeting in 2025, unless previously renewed, varied or revoked by the company prior to such date.

As of March 13, 2024, the company had 96,374,198 shares in issue and had 12,740,453 shares in treasury.