Scottish Mortgage Investment Trust, GB00BLDYK618

Buyback leaves Scottish Mortgage Investment Trust stock 7.30 percent below NAV

Published on 10/25/2026 at 12:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 materials cited AI on October 13, 2026. Scottish Mortgage Investment Trust stock stood at EUR 18.12 in Frankfurt on October 23, 2026.

Buyback and portfolio figures

The trust purchased 880,000 ordinary shares on October 20, 2026.
The Q3 portfolio update dated October 13, 2026 reported 36.5 percent share price total return for the year to September 30, 2026.
Scottish Mortgage Investment Trust stock stood at EUR 18.12 in Frankfurt on October 23, 2026.

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

Scottish Mortgage Investment Trust (GB00BLDYK618) bought back 880,000 ordinary shares at GBp 1,534.70 on October 20, 2026, according to FT.com. The transaction adds a capital-allocation signal to a trust whose portfolio remains heavily shaped by growth companies and artificial intelligence.

Three dated signals for investors

On October 1, 2026, Scottish Mortgage reported fair net asset value of GBp 1,726.85 per share in a company announcement carried by FT.com. On October 13, 2026, the trust published its third-quarter portfolio update, which described new investments across chips, power, data centers, robotics and software, according to Scottish Mortgage.

On October 20, 2026, the trust announced the purchase of 880,000 shares for its treasury. After that transaction, 447,669,022 shares were held in treasury, while 1,037,111,858 shares remained in issue outside treasury, according to FT.com.

What does the 7.30 percent discount show?

The trust's share price was listed at GBp 1,514.00 against fair NAV of GBp 1,652.19 on October 23, 2026, implying a 7.30 percent discount. The official investor page also reported total assets of GBP 18.7 billion and shareholders' funds of GBP 18.1 billion as of September 30, 2026, according to Scottish Mortgage.

The portfolio update reported a 36.5 percent share price total return for the year to September 30, 2026. That result places the buyback alongside a portfolio approach that is shifting capital toward the physical infrastructure supporting artificial intelligence.

Frankfurt quote remains dated

The Frankfurt listing stood at EUR 18.12 on October 23, 2026. The quote is separate from the London-listed share price and carries no comparison with a dated Xetra close.

The further course of trading is shown by the continuously updated real-time quote of Scottish Mortgage Investment Trust stock.