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The latest update is out from Foresight Environmental Infrastructure Limited GBP ( (GB:FGEN) ).
Foresight Environmental Infrastructure Limited (FGEN) announced the purchase of 275,000 of its own ordinary shares at 65.94 pence per share, which will be held in treasury. This transaction leaves FGEN with 642,814,982 shares with voting rights, impacting shareholders’ calculations under the FCA’s rules. The move is part of FGEN’s ongoing financial strategy to manage its capital structure, potentially affecting shareholder value and reflecting its commitment to maintaining a stable market position.
More about Foresight Environmental Infrastructure Limited GBP
Foresight Environmental Infrastructure Limited (FGEN) invests in a diversified portfolio of infrastructure assets that utilize natural or waste resources to support environmentally friendly economic activities. The company focuses on long-term, predictable cash flows and well-established technologies to support the transition to a low-carbon economy. FGEN aims to provide sustainable dividends while preserving capital value, and is recognized for its transparent ESG approach.
YTD Price Performance: -9.50%
Average Trading Volume: 2,157,272
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £432.9M
See more insights into FGEN stock on TipRanks’ Stock Analysis page.
