Foresight Group Holdings Ltd. ( (GB:FSG) ) just unveiled an update.
Foresight Group Holdings Limited announced the purchase of 47,800 of its own ordinary shares as part of its ongoing share buyback program. This transaction, conducted through Deutsche Numis, brings the total number of shares purchased under the program to 3,449,032. The acquired shares will be held in treasury, impacting the company’s total voting rights, which now stand at 114,290,510. This strategic move is part of Foresight’s efforts to manage its capital structure effectively and enhance 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 focuses on providing investment opportunities that support the energy transition, decarbonization, nature recovery, and economic growth of ambitious companies. As part of the FTSE 250 index, Foresight offers a diversified range of investment strategies, including private and public funds, aimed at building a sustainable future.
YTD Price Performance: -2.92%
Average Trading Volume: 216,256
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £445.2M
See more insights into FSG stock on TipRanks’ Stock Analysis page.