Pantheon International PLC Reports October NAV Increase Amid Strategic Share Buybacks

Pantheon International PLC, a prominent FTSE 250 investment trust, reported a 3.1% increase in its net asset value (NAV) for the month of October, bringing the per-share NAV to 490.8p. As of the report date, the overall NAV stands firm at £2.30 billion, with foreign exchange gains contributing 16.5p per share, while valuation losses offset slightly by 1.4p per share.

The company recorded a net portfolio cash flow of £6.4 million during October. This was further elucidated by £18.8 million in distributions received and £12.4 million directed towards capital calls. The valuation of private equity assets was noted at £2.51 billion as of the end of October.

Pantheon International has maintained its focus on enhancing shareholder value, as evidenced by the spending of £3.8 million on share buybacks. During the month, the company acquired 1.17 million shares at an average price of 320.3p per share, representing a notable 33.6% discount to the NAV.

Although Pantheon did not make any major new investment commitments for October, it has indicated an «active period for new commitments» in the coming months. This aligns with the trust’s strategic approach to investment and shareholder value enhancement, providing stakeholders with a positive outlook on the company’s future engagements and financial health.