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Foresight Environmental Infrastructure Limited GBP ( (GB:FGEN) ) has provided an update.
Foresight Environmental Infrastructure Limited (FGEN) announced the repurchase of 265,647 of its own ordinary shares at 69.92p per share, which are now held in treasury. This transaction adjusts the company’s share capital to 641,927,096 shares with voting rights, impacting shareholder calculations under FCA’s rules. This move reflects FGEN’s strategic positioning as it continues to enhance its capital structure and potentially improve shareholder value.
More about Foresight Environmental Infrastructure Limited GBP
Foresight Environmental Infrastructure Limited (FGEN) operates within the environmental infrastructure sector, focusing on investments in infrastructure assets, projects, and asset-backed businesses that utilize natural or waste resources or support environmentally friendly economic activities. The company is committed to supporting the transition to a low-carbon economy and mitigating climate change effects through long-term, predictable cash flow investments, stable regulatory frameworks, and well-established technologies.
YTD Price Performance: -3.58%
Average Trading Volume: 2,055,661
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £449.7M
For an in-depth examination of FGEN stock, go to TipRanks’ Stock Analysis page.
