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GCP Infra Announces Share Repurchase to Optimize Capital Structure
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GCP Infra Announces Share Repurchase to Optimize Capital Structure

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

GCP Infrastructure Investments Limited announced the repurchase of 100,000 ordinary shares, utilizing the authority granted by shareholders to make market purchases. These shares will be held in treasury, impacting the total voting rights available for shareholder notifications. This move reflects the company’s ongoing strategy to manage its capital structure effectively, aligning with its focus on infrastructure investments with stable, long-term revenues.

More about GCP Infra Invt Shs GBP

GCP Infra is a closed-ended investment company listed on the London Stock Exchange as part of the FTSE-250. The company focuses on providing long-term distributions to shareholders and preserving capital by investing in UK infrastructure debt and similar assets. It targets infrastructure projects with public sector-backed revenues and seeks to benefit from partial inflation protection. GCP Infra is recognized for its environmental contributions with the London Stock Exchange’s Green Economy Mark.

YTD Price Performance: 5.00%

Average Trading Volume: 1,170,154

Technical Sentiment Consensus Rating: Strong Buy

See more insights into GCP stock on TipRanks’ Stock Analysis page.

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