ICG Enterprise Trust PLC GBP ( (GB:ICGT) ) has issued an update.
ICG Enterprise Trust PLC, a company involved in investment and financial services, has announced the buyback of 15,000 of its own shares to be held as treasury shares at an average price of 1284 pence per share. This move is part of the company’s strategy to manage its share capital effectively, utilizing the authority granted by shareholders to repurchase up to 14.99% of its ordinary shares. The buyback is conducted under the guidance of Numis Securities Limited and aligns with UKLA Listing Rules, indicating a focus on maintaining shareholder value without exceeding the net asset value.
More about ICG Enterprise Trust PLC GBP
YTD Price Performance: -0.91%
Average Trading Volume: 57,388
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £813.3M
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