Foresight Group Holdings Ltd. ( (GB:FSG) ) has shared an announcement.
Foresight Group Holdings Limited has announced an extension to its share buyback program, increasing the maximum amount to £17 million following the recent sale of 500,000 treasury shares. This decision, deemed an optimal use of cash resources, aims to benefit the company and its shareholders by repurchasing shares within the authority granted at the annual general meeting. The buyback will be managed by Deutsche Numis and financed through existing cash resources, with the purchased shares held in treasury for potential reissue or cancellation.
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 investment solutions that support the energy transition, decarbonization, nature recovery, and economic growth, offering a range of private and public funds as well as retail market investment solutions.
YTD Price Performance: -4.41%
Average Trading Volume: 215,105
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £438.2M
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