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Foresight Environmental Infrastructure Limited GBP ( (GB:FGEN) ) just unveiled an update.
Foresight Environmental Infrastructure Limited announced the purchase of 200,000 of its own ordinary shares at 73.58p each, increasing the total shares held in treasury to 15,138,590. This transaction adjusts the number of shares with voting rights to 646,392,639, which shareholders can use to determine any changes required to notify under FCA rules. This move is part of FGEN’s strategy to manage its share capital effectively, potentially influencing shareholder value and market perception.
More about Foresight Environmental Infrastructure Limited GBP
Foresight Environmental Infrastructure Limited (FGEN) invests in a diversified portfolio of environmental infrastructure assets, projects, and businesses. These utilize natural or waste resources, support environmentally friendly economic activities, and aid the transition to a low-carbon economy. FGEN’s investments feature long-term contracts, predictable cash flows, and well-established technologies, aiming to provide sustainable dividends and preserve portfolio capital value.
YTD Price Performance: 0.14%
Average Trading Volume: 1,817,632
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £488.9M
Learn more about FGEN stock on TipRanks’ Stock Analysis page.
