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Foresight Group Holdings Ltd. ( (GB:FSG) ) has shared an update.
Foresight Group Holdings Limited has announced the purchase of 10,000 of its own ordinary shares as part of its ongoing share buyback program. The shares will be held in treasury and will not carry voting rights while in treasury. This buyback is part of Foresight’s strategy to manage its share capital effectively, with a total of 2,391,072 shares purchased under the program to date. The move is intended to optimize shareholder value and may influence stakeholders’ interest calculations according to FCA guidelines.
More about Foresight Group Holdings Ltd.
Founded in 1984, Foresight Group Holdings Limited is a leading investment manager specializing in real assets and capital for growth. The company operates across the UK, Europe, and Australia, providing investment solutions that support energy transition, decarbonization, and nature recovery. Foresight is part of the FTSE 250 index and offers a range of private and public funds designed for both institutional and retail markets.
YTD Price Performance: -3.89%
Average Trading Volume: 267,044
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £451.6M
For a thorough assessment of FSG stock, go to TipRanks’ Stock Analysis page.