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GCP Infra Announces Strategic Share Repurchase
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GCP Infra Announces Strategic Share Repurchase

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

GCP Infrastructure Investments Limited announced the repurchase of 200,000 ordinary shares at an average price of 68.94 pence per share, to be held in treasury, under the authority granted by shareholders. This transaction is part of the company’s ongoing strategy to manage its share capital effectively, aligning with its mission to offer sustainable long-term distributions and preserve capital, while maintaining market transparency as per FCA guidelines.

More about GCP Infra Invt Shs GBP

GCP Infra is a closed-ended investment company and a constituent of the FTSE-250, with shares traded on the London Stock Exchange. The company’s objective is to provide shareholders with regular, sustainable, long-term distributions and preserve capital through investments in UK infrastructure debt and related assets, focusing on long-term, public sector-backed projects. Additionally, GCP Infra has received the London Stock Exchange’s Green Economy Mark for its positive environmental contributions.

YTD Price Performance: 6.22%

Average Trading Volume: 1,162,097

Technical Sentiment Consensus Rating: Buy

For a thorough assessment of GCP stock, go to TipRanks’ Stock Analysis page.

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