Cordiant Digital Infrastructure Limited (GB:CORD) has released an update.
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Cordiant Digital Infrastructure Ltd reported a strong financial year with a 7.8% increase in NAV per share and a 9.3% total return. The company expanded its portfolio from three to five companies, including acquisitions like Speed Fibre and Norkring Belgie, with Emitel being a significant performance driver. Despite robust operational performance, the share discount widened to 48%, leading the board to initiate a £20m share buyback program.
For further insights into GB:CORD stock, check out TipRanks’ Stock Analysis page.