GCP Infra Invt Shs GBP ( (GB:GCP) ) has provided an announcement.
GCP Infrastructure Investments Ltd has repurchased 325,000 of its own ordinary shares at an average price of 75.09 pence per share, to be held in treasury. This transaction is part of a general authority granted by shareholders to make market purchases, impacting the company’s voting rights and share structure, with 856,539,098 voting rights remaining in circulation. This move may influence the company’s market positioning and shareholder value.
More about GCP Infra Invt Shs GBP
GCP Infrastructure Investments Ltd is a closed-ended investment company and a constituent of the FTSE-250, with shares traded on the main market of the London Stock Exchange. The company focuses on providing shareholders with regular, long-term distributions and capital preservation by investing in UK infrastructure debt and related assets. It targets infrastructure projects with long-term, public sector-backed revenues and aims for partial inflation protection. GCP Infra is advised by Gravis Capital Management Limited and has received the London Stock Exchange’s Green Economy Mark for its positive environmental contributions.
YTD Price Performance: 8.13%
Average Trading Volume: 1,498,942
Technical Sentiment Consensus Rating: Sell
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