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Foresight Environmental Infrastructure Ltd Announces Share Buyback
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Foresight Environmental Infrastructure Ltd Announces Share Buyback

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

Foresight Environmental Infrastructure Limited (FGEN) announced the repurchase of 144,000 of its own shares at a price of 75.83p each, adjusting its issued share capital to 649,009,836 shares with voting rights. This transaction may impact shareholder calculations regarding their interests in the company. With a focus on maintaining sustainable dividends, the move reflects FGEN’s ongoing commitment to its investment strategy and market presence.

More about Foresight Environmental Infrastructure Limited GBP

Foresight Environmental Infrastructure Limited (FGEN) operates in the environmental infrastructure sector, focusing on investments in infrastructure assets, projects, and businesses that utilize natural or waste resources, support environmentally friendly economic activities, and facilitate the transition to a low-carbon economy. The company aims to provide sustainable, progressive dividends to investors and maintain the capital value of its portfolio over the long term. FGEN is recognized for its transparent approach to environmental, social, and governance (ESG) criteria and is classified as an Article 9 fund under the EU Sustainable Finance Disclosure Regulation.

YTD Price Performance: -17.42%

Average Trading Volume: 1,649,916

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £499.3M

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

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