The latest announcement is out from ICG Enterprise Trust PLC GBP ( (GB:ICGT) ).
ICG Enterprise Trust PLC announced the buyback of 15,000 shares to be held as treasury shares, executed at an average price of 1304 pence per share. This transaction is part of the authority granted by shareholders to repurchase up to 14.99% of its ordinary shares, with the intention to hold the repurchased shares in treasury. The buyback is managed by Numis Securities Limited and aligns with the UKLA Listing Rules, reflecting the company’s strategy to optimize its capital structure.
More about ICG Enterprise Trust PLC GBP
ICG Enterprise Trust PLC operates in the financial industry, focusing on investment management and private equity. The company is involved in managing a diversified portfolio of private equity investments and is known for its strategic market focus on delivering long-term capital growth.
YTD Price Performance: -1.06%
Average Trading Volume: 52,651
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £816.5M
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