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GCP Infra Announces Share Buyback to Optimize Capital Structure

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GCP Infra Announces Share Buyback to Optimize Capital Structure

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

GCP Infrastructure Investments Ltd has announced the repurchase of 375,000 of its own ordinary shares at an average price of 73.23 pence each, as part of the authority granted by its shareholders to make market purchases. This transaction, executed on February 6, 2025, results in the company holding a total of 22,385,019 shares in treasury, with 862,412,650 shares remaining in circulation for voting purposes. The move reflects GCP Infra’s strategy to manage its capital structure efficiently, potentially impacting shareholder value and market perception.

More about GCP Infra Invt Shs GBP

GCP Infra is a closed-ended investment company listed on the London Stock Exchange and a constituent of the FTSE-250. The company focuses on providing shareholders with long-term, sustainable distributions by investing in UK infrastructure debt and related assets, particularly those with public sector-backed, availability-based revenues. It also aims to offer partial inflation protection where possible and is recognized for contributing to positive environmental outcomes, as evidenced by its London Stock Exchange Green Economy Mark.

YTD Price Performance: 2.12%

Average Trading Volume: 1,236,817

Technical Sentiment Consensus Rating: Buy

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

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