Item 5. Market for Registrant’s Common Equity
Item
5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
The
Trust’s Shares have been listed on the NYSE Arca under the symbol PPLT since its initial public offering on January 8, 2010.
The following tables set out the range of high and low closing prices for the Shares as reported for NYSE Arca transactions for
each of the quarters during the years ended December 31, 2024 and 2023:
Fiscal Year Ended December 31, 2024: Quarter Ended
High
Low
March 31, 2024
$ 91.39
$ 80.10
June 30, 2024
$ 100.00
$ 82.25
September 30, 2024
$ 94.81
$ 82.58
December 31, 2024
$ 96.38
$ 82.35
34
Fiscal Year Ended December 31, 2023: Quarter Ended
High
Low
March 31, 2023
$ 101.09
$ 84.34
June 30, 2023
$ 103.91
$ 82.94
September 30, 2023
$ 90.85
$ 81.81
December 31, 2023
$ 92.48
$ 78.01
The
number of outstanding Shares of the Trust as of February 26, 2025 was 11,900,000.
Monthly
Share Price
The
following table sets forth, for each of the most recent six months, the high and low closing prices of the Shares, as reported
for NYSE Arca transactions.
Month
High
Low
August 2024
$ 89.79
$ 83.26
September 2024
$ 93.07
$ 82.58
October 2024
$ 96.38
$ 86.63
November 2024
$ 92.13
$ 84.69
December 2024
$ 87.87
$ 82.35
January 2025
$ 89.90
$ 83.80
35
Issuer
Purchase of Equity Securities
The
Trust issues and redeems Shares only with Authorized Participants in exchange for platinum, only in aggregations of 50,000 Shares
or integral multiples thereof. A list of current Authorized Participants is available from the Sponsor or the Trustee and is included
in Item 7 of this report. Although the Trust does not purchase Shares directly from its Shareholders in connection with the redemption
of Baskets, the Trust redeemed as follows during the years ended December 31, 2024 and 2023:
Month
Total number of Shares redeemed
Average ounces of platinum per Share
January 2024
50,000
0.092
February 2024
200,000
0.092
March 2024
150,000
0.092
April 2024
—
—
May 2024
100,000
0.092
June 2024
300,000
0.092
July 2024
50,000
0.092
August 2024
50,000
0.092
September 2024
300,000
0.092
October 2024
—
—
November 2024
—
—
December 2024
—
—
Total
1,200,000
0.092
Month
Total number of Shares redeemed
Average ounces of platinum per Share
January 2023
400,000
0.092
February 2023
350,000
0.092
March 2023
350,000
0.092
April 2023
250,000
0.092
May 2023
50,000
0.092
June 2023
150,000
0.092
July 2023
150,000
0.092
August 2023
250,000
0.092
September 2023
50,000
0.092
October 2023
150,000
0.092
November 2023
—
—
December 2023
—
—
Total
2,150,000
0.092
Item 6. [Reserved]
36
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.