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GCP Infra Invt Shs GBP ( (GB:GCP) ) has issued an announcement.
GCP Infrastructure Investments Ltd announced the repurchase of 75,000 ordinary shares at an average price of 69.18 pence per share, to be held in treasury, following shareholder approval at the February 2024 annual meeting. This transaction affects the company’s share capital structure, leaving 865,332,650 voting rights, and may influence stakeholders’ perception by demonstrating active capital management and commitment to shareholder value.
More about GCP Infra Invt Shs GBP
GCP Infrastructure Investments Ltd is a closed-ended investment company listed on the FTSE-250 and traded on the London Stock Exchange. The company aims to provide shareholders with regular, sustained long-term distributions while preserving capital by investing in UK infrastructure debt and related assets. It focuses on infrastructure projects that generate long-term, public sector-backed revenues, often structured to include partial inflation protection. GCP Infra is advised by Gravis Capital Management Limited and has been recognized with the London Stock Exchange’s Green Economy Mark for its positive environmental contributions.
YTD Price Performance: -3.53%
Average Trading Volume: 1,145,201
Technical Sentiment Consensus Rating: Buy
For an in-depth examination of GCP stock, go to TipRanks’ Stock Analysis page.
