--- title: "Pershing Square launches $100M buyback after 16% share drop" type: "News" locale: "en" url: "https://longbridge.com/en/news/286640732.md" description: "Pershing Square is set to repurchase $100M of shares on the London Stock Exchange following a 16% drop in share price. This buyback represents about 1.04% of its market cap and aims to enhance NAV per share while reducing capital. Since 2017, the firm has bought back nearly 75M shares for $1.9B at an average price of $24.99." datetime: "2026-05-16T09:13:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286640732.md) - [en](https://longbridge.com/en/news/286640732.md) - [zh-HK](https://longbridge.com/zh-HK/news/286640732.md) --- # Pershing Square launches $100M buyback after 16% share drop Major buyback move: Pershing Square will repurchase $100M of shares on the London Stock Exchange, signaling confidence despite a steep share price decline. Scale and impact: The buyback equals about 1.04% of its market cap and aims to boost NAV per share while reducing overall capital. Long-term pattern: Since 2017, Pershing Square has repurchased nearly 75M shares worth $1.9B at an average price of $24.99. ### Related Stocks - [PSHZF.US](https://longbridge.com/en/quote/PSHZF.US.md) ## Related News & Research - [Innodata Insiders Sold Shares Worth Over $24M](https://longbridge.com/en/news/286333582.md) - [Lifeway Foods (NASDAQ:LWAY) Major Shareholder Sells $596,880.00 in Stock](https://longbridge.com/en/news/286877679.md) - [Nlight Insiders Sold Shares Worth Over $9.2M](https://longbridge.com/en/news/286979348.md) - [Vinci Compass Investments (NASDAQ:VINP) CFO Sells $16,306.00 in Stock](https://longbridge.com/en/news/286349817.md) - [Halozyme Therapeutics (NASDAQ:HALO) CEO Helen Torley Sells 20,000 Shares](https://longbridge.com/en/news/286408551.md)