Foresight Group Holdings Ltd. ( (GB:FSG) ) has shared an announcement.
Foresight Group Holdings Limited announced the purchase of 22,254 ordinary shares as part of its ongoing share buyback program, which has been extended multiple times since its inception in October 2023. The shares, purchased through Deutsche Numis, will be held in treasury, reducing the total voting rights to 114,268,256 while the issued ordinary share capital stands at 116,347,803. This move is part of Foresight’s strategy to manage its capital structure effectively, potentially impacting shareholder value and market perception.
More about Foresight Group Holdings Ltd.
Foresight Group Holdings Limited, founded in 1984, is a leading investment manager specializing in real assets and capital for growth, with operations in the UK, Europe, and Australia. The company focuses on investment opportunities that support the energy transition, decarbonization, nature recovery, and economic growth of ambitious companies. As a member of the FTSE 250 index, Foresight offers a diversified range of private and public funds, along with retail market investment solutions, all aimed at building a sustainable future.
YTD Price Performance: -7.39%
Average Trading Volume: 211,655
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £424.3M
For a thorough assessment of FSG stock, go to TipRanks’ Stock Analysis page.