BlackRock Latin American Investment Trust plc (LSE:BRLA) announces a share repurchase program. Under the program, the company will repurchase up to 9,810,979 shares, representing 24.99% of its issued share capital. The shares will be repurchased at a price which represents 98% of the latest published unaudited Net Asset Value per share as at the calculation date, adjusted for the estimated related portfolio realization costs per tendered share, as calculated by the company. The repurchased shares will be held in treasury or cancelled. Any excess shares tendered above the Basic Entitlement will only be satisfied on a pro rata basis, to the extent that other shareholders tender less than their aggregate Basic Entitlement. The company has fixed May 17, 2022, as the record date for the offer. The offer is subject to approval from the shareholders to be obtained at the General Meeting which will be held on May 19, 2022. The offer will expire on May 17, 2022.

On May 19, 2022, the company announced that it received the shareholder approval in the company's General Meeting.

On May 23, 2022, the company announced that the shares will be repurchased at a price of 417.09 pence per share.