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FGEN Enhances Capital Structure with Share Repurchase
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FGEN Enhances Capital Structure with Share Repurchase

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An announcement from Foresight Environmental Infrastructure Limited GBP ( (GB:FGEN) ) is now available.

Foresight Environmental Infrastructure Limited announced the repurchase of 200,000 ordinary shares for treasury at a price of 71.62p per share. This transaction results in 647,959,836 shares with voting rights in issue, impacting shareholder calculations under FCA’s rules. The repurchase underscores FGEN’s commitment to maintaining its capital structure and could influence stakeholders’ interest in the company’s stock.

More about Foresight Environmental Infrastructure Limited GBP

Foresight Environmental Infrastructure Limited (FGEN) focuses on investing in a diversified portfolio of environmental infrastructure. These assets and projects utilize natural or waste resources, support environmentally friendly economic activities, aid the transition to a low-carbon economy, or mitigate climate change effects. The investments typically offer long-term, predictable cash flows, stable regulatory frameworks, and proven technologies. FGEN aims to provide a sustainable, progressive dividend per share and preserve the capital value of its portfolio.

YTD Price Performance: -22.90%

Average Trading Volume: 1,787,613

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £465.6M

For an in-depth examination of FGEN stock, go to TipRanks’ Stock Analysis page.

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