BAILLIE GIFFORD SHIN

At the annual general meeting, shareholders of Baillie Gifford Shin Nippon approved all 14 resolutions, including a special resolution to repurchase up to 14.99% of the issued share capital (30,834,564 shares of 2 pence). The authority is valid until the next annual general meeting; the authority to issue shares up to a total nominal value of £1,371,202.16 was also renewed. A further special resolution permits the issuance of shares for cash, disapplying pre-emption rights, up to £411,401.80 (around 10% of the nominal value); the buyback received 97.26% support and the issuance authority 99.71%. » More on de.investing.com

Shareholders of Baillie Gifford Shin Nippon voted by majority to approve changes to the buyback offer: the conditional offer planned for 2027 has been dropped, a performance-based buyback offer is to be introduced for 2030, and a continuation vote will take place in 2028. The special resolution received 99.4% approval and the ordinary resolution 91.3%. Key dates: acceptance deadline February 26, result February 27, expected announcement of the buyback price around March 9, and settlement in the week beginning March 16. » More on de.investing.com

Investment trust Baillie Gifford Shin Nippon has announced a buyback offer for up to 15% of its ordinary shares and has convened a general meeting on 18 February 2026 to seek shareholder approval. Eligible shareholders may tender shares at the net asset value per share as at the record date of 6 March 2026, less offer costs and a 2% discount; the final tender price and settlement are planned for mid‑March. The move follows a change in leadership and extensive portfolio adjustments since May 2025 as well as continued underperformance; the trust has recently lagged its benchmark by 31.6%. The board also proposes cancelling a planned 2027 offer, introducing a performance‑linked buyback for 2030 and holding a continuation vote in 2028. » More on de.investing.com