Scottish Mortgage Investment Trust, GB00BLDYK618

Scottish Mortgage Investment Trust stock reports a 750,000 share buyback

Published on 10/08/2026 at 09:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

At 1,629.50p on October 8, 2026, Scottish Mortgage Investment Trust stock sat 1.3 percent below its 52-week high. The trust bought 750,000 shares.

Scottish Mortgage Investment Trust, GB00BLDYK618, Illustration mit AI erstellt.

Scottish Mortgage Investment Trust stock (ISIN GB00BLDYK618) was last at GBp 1,629.50 on the London Stock Exchange on October 8, 2026, with the price 1.3 percent below its 52-week high of GBp 1,651.50. The trust's latest corporate action was a 750,000 share buyback at GBp 1,638.32 on October 6, 2026, according to Investegate.

Buyback adds a firm signal

The purchased shares will be held in treasury, taking treasury shares to 440,654,022. After the transaction, shares in issue excluding treasury shares stood at 1,044,126,858, a figure that the company said shareholders should use for notification calculations, Investegate reported on October 6, 2026.

The transaction matters because the trust is buying shares while its market price remains below the value assigned to its portfolio. Scottish Mortgage's investor page listed fair NAV at GBp 1,817.70 on October 8, 2026, putting the share price at a 10.9 percent discount to that measure.

Record high meets a discount

The market backdrop has been supportive. Yahoo Finance reported on October 7, 2026, that the trust had gained 37.4 percent year to date and reached a record GBp 1,651 during the week.

That rise has not removed the valuation gap. The same report put the discount to NAV at 10.8 percent, while QuotedData recorded a 6.6 percent share-price rise in September and an 8 percent discount at September 30, 2026.

Portfolio exposure remains central

Scottish Mortgage invests in public and private growth companies, giving its valuation a direct link to technology and other high-growth holdings. QuotedData said the trust's September performance was partly helped by Zipline, whose valuation rose 120 percent to USD 20 billion in a USD 1 billion share sale.

The structure also creates a clear counter-factor: the investor page lists private-company liquidity, currency exposure, gearing and the premium or discount to NAV among the trust's risks. For shareholders, the buyback and the discount are therefore two sides of the same valuation question.

Stock stays below its yearly high

Scottish Mortgage Investment Trust stock was last at GBp 1,629.50 on the London Stock Exchange on October 8, 2026 at 8:34 a.m. London time. Market capitalization was GBP 17.6 billion, and the 52-week range was GBp 1,015.74 to GBp 1,651.50.