tiprankstipranks
Foresight Environmental Infrastructure Limited Secures Control with Share Buyback
Company Announcements

Foresight Environmental Infrastructure Limited Secures Control with Share Buyback

Story Highlights

Invest with Confidence:

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

Foresight Environmental Infrastructure Limited announced the purchase of 136,290 of its own shares to be held in treasury, impacting its total issued share capital and voting rights. This transaction is important for stakeholders to assess their shares under the FCA’s rules, highlighting FGEN’s focus on maintaining control over share distribution and market influence.

More about Foresight Environmental Infrastructure Limited GBP

Foresight Environmental Infrastructure Limited (FGEN) operates in the environmental infrastructure sector, investing in a diversified portfolio that utilizes natural or waste resources and supports environmentally friendly economic activities. The company aims to transition to a low-carbon economy and mitigate climate change effects. FGEN invests in assets with predictable cash flows, long-term contracts, and stable regulatory frameworks, offering quarterly sustainable dividends and preserving capital value in the long term. The company is recognized for its transparent approach to ESG and is classified as an Article 9 fund under the EU Sustainable Finance Disclosure Regulation.

YTD Price Performance: 4.41%

Average Trading Volume: 1,808,515

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £490.3M

For detailed information about FGEN stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App