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Foresight Group Expands Share Buyback Program

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Foresight Group Expands Share Buyback Program

The latest update is out from Foresight Group Holdings Ltd. ( (GB:FSG) ).

Foresight Group Holdings Limited announced the purchase of 25,000 of its ordinary shares as part of its ongoing share buyback program, which has been extended multiple times since its initial announcement in October 2023. The shares, purchased at a volume-weighted average price of 369.36 GBp, will be held in treasury, reducing the total number of voting rights available. This move is part of Foresight’s strategy to manage its capital structure and could impact shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

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 focuses on providing investment solutions that support the energy transition, decarbonization of industries, nature recovery, and economic growth of ambitious companies. As a constituent of the FTSE 250 index, Foresight offers diversified investment strategies aimed at maximizing asset value and delivering attractive returns to investors.

YTD Price Performance: -8.39%

Average Trading Volume: 197,676

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £424.5M

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

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Questions or Comments about the article? Write to editor@tipranks.com
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