Fidelity Investment Trust - Fidelity Special Values PLC (LSE : FSV) commences share repurchases on September 11, 2020, under the program mandated by the shareholders in the Annual General Meeting held on December 12, 2019. As per the mandate, the company is authorized to repurchase up to 41,892,475 shares, representing 14.99% of its issued share capital. The minimum price which may be paid for an ordinary share will be 5 pence. The maximum price which may be paid for an ordinary share will be the higher of an amount equal to 105% above the average of the middle market quotations for the ordinary shares for the five business days immediately before the day on which purchase is made. The authority shall expire at the conclusion of the next Annual General Meeting of the company unless such authority is renewed, revoked, or varied prior to such time. As of November 1, 2019, the company had 279,469,480 in issue.