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Foresight Group Extends Share Buyback Program

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Foresight Group Extends Share Buyback Program

Foresight Group Holdings Ltd. ( (GB:FSG) ) just unveiled an update.

Foresight Group Holdings Limited has announced a continuation of its share buyback program, purchasing 65,086 of its ordinary shares at a volume-weighted average price of 398.75 GBp per share. These shares will be held in treasury, affecting the company’s total voting rights, which now stand at 114,438,111. This move is part of Foresight’s strategy to manage its share capital effectively and potentially enhance shareholder value. The buyback reflects Foresight’s ongoing commitment to optimizing its capital structure and providing attractive returns to its investors.

More about Foresight Group Holdings Ltd.

Founded in 1984, Foresight Group Holdings Limited is a leading investment manager specializing in real assets and growth capital, with operations in the UK, Europe, and Australia. The company focuses on investment opportunities that drive energy transition, decarbonization, nature recovery, and the economic growth of ambitious companies. Foresight is a constituent of the FTSE 250 index and offers a diversified range of investment strategies, including private and public funds, aimed at building a sustainable future.

YTD Price Performance: -0.69%

Average Trading Volume: 266,202

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £456M

For detailed information about FSG stock, go to TipRanks’ Stock Analysis page.

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