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Foresight Group Executes Share Buyback to Optimize Capital Structure

Story Highlights
  • Foresight Group has bought back 25,000 shares as part of its ongoing program.
  • The buyback affects voting rights and aligns with Foresight’s strategy to enhance shareholder value.
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Foresight Group Executes Share Buyback to Optimize Capital Structure

Foresight Group Holdings Ltd. ( (GB:FSG) ) has shared an update.

Foresight Group Holdings Limited has executed a share buyback program, purchasing 25,000 of its ordinary shares through Deutsche Numis. This transaction is part of an ongoing buyback initiative aimed at managing the company’s capital structure. The purchased shares will be held in treasury, affecting the total voting rights, which now stand at 114,145,827. This move is in line with Foresight’s strategy to optimize shareholder value and reflects its robust financial position, potentially impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

More about Foresight Group Holdings Ltd.

Foresight Group Holdings Limited is a leading investment manager specializing in real assets and growth capital. Operating across the UK, Europe, and Australia, the company offers diverse investment opportunities focusing on the energy transition, decarbonization, and nature recovery. A member of the FTSE 250 index, Foresight combines financial and operational expertise to maximize asset value and deliver attractive returns, with a commitment to sustainability and economic growth.

YTD Price Performance: -7.64%

Average Trading Volume: 194,454

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £422.8M

Learn more about FSG stock on TipRanks’ Stock Analysis page.

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