Bellevue Healthcare Trust (BBH) has published a circular and notice of general meeting to seek shareholder approval for renewed authority to repurchase its own shares in support of its zero discount policy. The policy, introduced in April 2025, aims to ensure the trust’s share price trades close to net asset value (NAV) in normal market conditions. Since its launch, BBH has bought back 115.8m shares, with its shares trading at an average 2.2% discount to NAV over the period. The board says that BBH’s existing buyback authority, approved at the September AGM, may soon be fully utilised. This has prompted the need for a further vote so that the zero discount policy can continue without interruption. The general meeting is scheduled for 6 November 2025.

abrdn Property Income Trust (API) has announced further cash returns to shareholders totalling 3.9213p per share, equivalent to around £15m, through a combination of a return of capital and a final property income distribution (PID). The payment includes a 3p per share return of capital, implemented via the issue and redemption of redeemable bonus shares, and a final PID of 0.9213p per share. The board said this represents the maximum distribution that can be made at this stage while retaining a prudent reserve to cover future wind-up costs. The move follows the company’s exit from the UK REIT regime in November 2024, which required the distribution of all accumulated property income profits. An interim PID of 3p was paid in January 2025. Key dates for the return of capital include an ex-dividend date of 6 November, a record date of 7 November, and a payment date of 13 November 2025. The final PID will go ex-dividend on 23 October, with payment also due on 13 November 2025.

EPE Special Opportunities (ESO) has announced plans to begin a share buyback programme covering both its ordinary shares and zero dividend preference (ZDP) shares, with up to £3m earmarked for repurchases. The move aligns with ESO’s stated policy of buying back shares where appropriate and will be funded from the company’s existing cash reserves. Any repurchased shares will be held in treasury. The board noted that limited liquidity in both share classes could restrict activity, meaning buybacks may occasionally exceed 25% of the average daily trading volume.