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FGEN Acquires Treasury Shares, Adjusts Voting Rights

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FGEN Acquires Treasury Shares, Adjusts Voting Rights

Foresight Environmental Infrastructure Limited GBP ( (GB:FGEN) ) has issued an update.

Foresight Environmental Infrastructure Limited announced the purchase of 80,441 ordinary shares for treasury, impacting the total voting rights and issued share capital. This transaction indicates FGEN’s strategic move to manage its share capital effectively, potentially influencing stakeholders’ interest calculations under regulatory guidance.

More about Foresight Environmental Infrastructure Limited GBP

Foresight Environmental Infrastructure Limited (FGEN) is focused on investing in a diversified portfolio of environmental infrastructure. This includes infrastructure assets, projects, and asset-backed businesses that utilize natural or waste resources, support environmentally friendly economic activities, transition to a low carbon economy, or mitigate climate change effects. The company’s investments typically feature long-term predictable cash flows, long-term contracts, and well-established technologies. FGEN aims to provide investors with sustainable, progressive dividends and preserve the capital value of its portfolio.

YTD Price Performance: -5.92%

Average Trading Volume: 2,065,507

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £439.4M

Learn more about FGEN stock on TipRanks’ Stock Analysis page.

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