Caledonia Investments (CLDN): Discount to NAV
This situation live
CLDN Caledonia Investments
19 May 2026 · Discount 43.4% at year end, 37.1% end April · +7% until the next step
Whilst the discount narrowed to 37.1% at the end of April, we believe that the share price continues to undervalue the quality of our portfolio and our long-term performance track record.
30 Sep 2026 · New buyback instruction running 1 Oct to 9 Nov · −3% since
The instruction is valid from 1 October 2026 to 9 November 2026, being the day prior to the release on 10 November 2026 of the announcement of the Company's half-year results for the six months ending
Discount to NAV
New buyback instruction running 1 Oct to 9 Nov
NOV10
Next: Half-year results for six months to 30 September 2026 in 16 days
Every step · 2
- 19 May 2026 Discount 43.4% at year end, 37.1% end April – Whilst the discount narrowed to 37.1% at the end of April, we believe that the share price continues to undervalue the quality of our portfolio and our... ↗
- 30 Sep 2026 New buyback instruction running 1 Oct to 9 Nov – The instruction is valid from 1 October 2026 to 9 November 2026, being the day prior to the release on 10 November 2026 of the announcement of the Company's... ↗
What is happening
Caledonia Investments: Discount to NAV – New buyback instruction running 1 Oct to 9 Nov. ['New buyback instruction running 1 Oct to 9 Nov']
- In short
- Caledonia's discount to NAV was 43.4% at year end and 37.1% at end April, and it has bought back shares to address it (£34.6m, 9.47m shares cancelled at a 34.7% average discount). On 30 September 2026 it gave Peel Hunt an irrevocable instruction to buy and cancel shares from 1 October to 9 November 2026, ahead of the half-year results.
- Announced
- 19 May 2026 · Discount 43.4% at year end, 37.1% end April
- Latest
- 30 Sep 2026 · New buyback instruction running 1 Oct to 9 Nov
- Discount
- 43.4% at year end; 37.1% at end April
- Prior buybacks
- £34.6m, 9.47m shares cancelled at 34.7% average discount
- Instruction
- Irrevocable, given to Peel Hunt on 30 September 2026; shares bought are cancelled
- Window
- 1 October to 9 November 2026
- Next milestone
- Half-year results on 10 November 2026
What comes next
Half-year results for six months to 30 September 2026 (10 Nov 2026).
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