--- title: "Pacific Horizon Buys Back 50,000 Shares for Treasury" type: "News" locale: "en" url: "https://longbridge.com/en/news/284609286.md" description: "Pacific Horizon Investment Trust PLC has repurchased 50,000 ordinary shares at 1,016.55p each, now holding 11,056,784 shares in treasury. This buyback reflects active capital management and may enhance net asset value per share. The company has 81,018,177 shares in issue excluding treasury stock. Spark's analysis rates PHI as an Outperform, citing attractive valuation and positive technical momentum, though financial performance is impacted by volatile revenue and weak cash-flow conversion. The trust focuses on growth opportunities in Asia and emerging markets, managed by Baillie Gifford." datetime: "2026-04-29T15:54:24.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284609286.md) - [en](https://longbridge.com/en/news/284609286.md) - [zh-HK](https://longbridge.com/zh-HK/news/284609286.md) --- # Pacific Horizon Buys Back 50,000 Shares for Treasury ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Pacific Horizon Investment Trust PLC ( (GB:PHI) ) has shared an announcement. Pacific Horizon Investment Trust PLC has repurchased 50,000 ordinary shares at 1,016.55p each, with the shares to be held in treasury, indicating ongoing active capital management. After this transaction, the company holds 11,056,784 shares in treasury, leaving 81,018,177 shares in issue excluding treasury stock. The updated share count provides the new denominator for investors assessing whether they must disclose holdings under the FCA’s transparency rules. This adjustment may slightly enhance net asset value per share and signals the board’s willingness to use buybacks as a tool to manage the trust’s share capital and market liquidity. **Spark’s Take on PHI Stock** According to Spark, TipRanks’ AI Analyst, PHI is a Outperform. The score is led by unusually attractive valuation (very low P/E and high dividend yield) and constructive technical momentum (price above major moving averages with positive MACD). Offsetting these positives, financial performance is constrained by volatile revenue and weak cash-flow conversion despite a strong, low-leverage balance sheet. To see Spark’s full report on PHI stock, click here. **More about Pacific Horizon Investment Trust PLC** Pacific Horizon Investment Trust PLC is a UK-listed investment trust focused on growth opportunities, typically in Asia and emerging markets, and is managed by Baillie Gifford. The trust provides investors with diversified exposure to high-growth companies through an actively managed equity portfolio, targeting long-term capital appreciation rather than income. **Average Trading Volume:** 191,429 **Technical Sentiment Signal:** Buy Find detailed analytics on PHI stock on TipRanks’ Stock Analysis page. ### Related Stocks - [PHI.UK](https://longbridge.com/en/quote/PHI.UK.md) - [PHI.US](https://longbridge.com/en/quote/PHI.US.md) ## Related News & Research - [Pacific Horizon Boosts Treasury Stock With Share Buyback](https://longbridge.com/en/news/285408027.md) - [Pacific Horizon Updates Market on Voting Rights and Share Capital](https://longbridge.com/en/news/281352632.md) - [Ecommerce Trends: Which type of online retailer is growing fastest in the 2020s?](https://longbridge.com/en/news/287261995.md) - [World Strategy League Builds an Accessible Online Arena for Chess, Strategy Games, and Training](https://longbridge.com/en/news/287257472.md) - [Post Oak Energy Capital Announces Sale of UpCurve Energy Assets](https://longbridge.com/en/news/287062130.md)