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Pershing Square Holdings will buy back 23,483 shares for about $52.97 each.

PayoutRead the original at investegate.co.uk
Good for PS

Pershing Square Holdings bought shares at about 33% below its $78.89 net asset value per share, supporting value for remaining owners. The buyback covered only 0.014% of pre-buyback shares, so the benefit is limited.

PS · Pershing Square Holdings, Ltd.

AI read · Good for PS

The AI's read

Buying shares below the stated value of the assets per share can increase the value represented by each remaining public share. The purchase covered only a tiny fraction of public shares, so the benefit is limited. The special voting share was unchanged.

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