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Foresight Group Holdings Ltd. ( (GB:FSG) ) has provided an update.
Foresight Group Holdings Limited announced the purchase of 23,799 of its own ordinary shares as part of its ongoing share buyback program. The shares were acquired through Deutsche Numis and will be held in treasury, reducing the total voting rights to 114,504,463. The share buyback is part of Foresight’s strategy to manage its capital structure, potentially enhancing shareholder value by reducing the number of shares in circulation.
More about Foresight Group Holdings Ltd.
Foresight Group Holdings Limited is a leading investment manager specializing in real assets and capital for growth across the UK, Europe, and Australia. The company focuses on supporting the energy transition, decarbonizing industry, enhancing nature recovery, and investing in ambitious companies. As a constituent of the FTSE 250 index, Foresight offers a diverse range of investment strategies aimed at maximizing asset value and providing attractive returns.
YTD Price Performance: -8.39%
Average Trading Volume: 255,179
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £420.8M
See more insights into FSG stock on TipRanks’ Stock Analysis page.
