Investment trust share buybacks neared £5 billion in H1

Share buybacks from investment trusts rose by almost a third in the first six months of 2025 compared to the same period last year, according to the Association of Investment Companies (AIC).

Share buybacks – excluding tender offers and redemptions – totalled £4.7 billion during the first half of 2025 – 32% higher than the equivalent figure from 2024 (£3.62 billion).