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GCP Infra Announces Share Buyback, Adjusts Voting Rights
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GCP Infra Announces Share Buyback, Adjusts Voting Rights

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GCP Infra Invt Shs GBP ( (GB:GCP) ) has shared an update.

GCP Infrastructure Investments Ltd announced the repurchase of 100,000 of its own ordinary shares at a weighted average price of 70.00 pence per share, to be held in treasury. This transaction aligns with the authority granted by shareholders and affects the total voting rights in the company, now standing at 865,582,650. This move may influence the company’s market perception and shareholder value, as it navigates its investment strategy within the infrastructure sector.

More about GCP Infra Invt Shs GBP

GCP Infrastructure Investments Ltd, a FTSE-250 constituent, is a closed-ended investment company traded on the London Stock Exchange, focusing on providing shareholders with long-term distributions and capital preservation through investments in UK infrastructure debt and similar assets. The company targets infrastructure projects with public sector-backed, availability-based revenues, often incorporating partial inflation protection and has received the Green Economy Mark from the London Stock Exchange for its positive environmental contributions.

YTD Price Performance: -1.13%

Average Trading Volume: 1,119,220

Technical Sentiment Consensus Rating: Buy

Find detailed analytics on GCP stock on TipRanks’ Stock Analysis page.

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