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Foresight Group Executes Share Buyback to Optimize Capital Structure
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Foresight Group Executes Share Buyback to Optimize Capital Structure

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Foresight Group Holdings Ltd. ( (GB:FSG) ) has issued an announcement.

Foresight Group Holdings Limited has executed a purchase of 48,660 of its ordinary shares as part of its ongoing share buyback program, facilitated by Deutsche Numis. This transaction, involving shares bought at a volume-weighted average price of 423.71 GBp, will see the shares held in treasury, impacting the company’s total voting rights, which now stand at 114,971,470. This strategic move is part of Foresight’s efforts to manage its capital structure effectively, potentially enhancing shareholder value.

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 with operations across the UK, Europe, and Australia. The company is known for offering investment solutions that support energy transition, decarbonization, and nature recovery, aiming to build a sustainable future. As a constituent of the FTSE 250 index, Foresight provides a wide range of private and public funds, complemented by retail market investment solutions.

YTD Price Performance: 1.59%

Average Trading Volume: 297,183

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £478.9M

See more insights into FSG stock on TipRanks’ Stock Analysis page.

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