Foresight Group Expands Share Buyback Program, Strengthening Capital Management

Foresight Group Holdings Ltd. ( (GB:FSG) ) has issued an announcement.

Foresight Group Holdings Limited has announced a purchase of 25,220 ordinary shares in accordance with its ongoing share buyback program. This move reflects the company’s strategy to manage its capital efficiently, as the shares will be held in treasury and have no voting rights, impacting the total voting rights and share capital structure. The buyback program, extending since October 2023, indicates Foresight’s commitment to optimizing shareholder value, with implications for investors regarding their interest calculations under FCA rules.

More about Foresight Group Holdings Ltd.

Founded in 1984, Foresight Group Holdings Limited is a leading investment manager specializing in real assets and capital for growth. It operates across the UK, Europe, and Australia, focusing on energy transition, decarbonizing industries, and enhancing nature recovery. As a constituent of the FTSE 250 index, Foresight offers diversified investment strategies combining financial and operational expertise, providing attractive returns for investors.

YTD Price Performance: -7.89%

Average Trading Volume: 249,225

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £422.5M

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