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GCP Infra Executes Share Repurchase

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GCP Infra Executes Share Repurchase

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

GCP Infrastructure Investments Ltd announced the repurchase of 160,000 of its own ordinary shares at an average price of 73.67 pence per share, which will be held in treasury. This transaction aligns with the authority granted by shareholders to make market purchases, and it impacts the number of voting rights, now totaling 862,252,650, which stakeholders should consider for interest notifications.

More about GCP Infra Invt Shs GBP

GCP Infrastructure Investments Ltd, also known as GCP Infra, is a closed-ended investment company and a constituent of the FTSE-250 index. The company’s shares are traded on the London Stock Exchange, and it focuses on providing shareholders with sustained long-term distributions and preserving capital by investing in UK infrastructure debt and related assets. GCP Infra targets infrastructure projects with long-term, public sector-backed revenues and aims to benefit from partial inflation protection. It is recognized for its contributions to positive environmental outcomes with the London Stock Exchange’s Green Economy Mark.

YTD Price Performance: 6.53%

Average Trading Volume: 1,264,087

Technical Sentiment Consensus Rating: Sell

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

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