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GCP Infra Executes Share Repurchase to Adjust Treasury Holdings
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GCP Infra Executes Share Repurchase to Adjust Treasury Holdings

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The latest update is out from GCP Infra Invt Shs GBP ( (GB:GCP) ).

GCP Infrastructure Investments Ltd announced the repurchase of 180,000 ordinary shares at 70.14 pence per share, to be held in treasury, following a general authority from shareholders. This transaction affects the number of shares in issue, with 18,765,019 now held in treasury, impacting the calculation of voting rights under FCA rules.

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 its shares traded on the London Stock Exchange. The company aims to provide shareholders with sustained, long-term distributions and capital preservation by investing in UK infrastructure debt and similar assets, primarily focusing on projects with public sector-backed revenues. GCP Infra is recognized for its contributions to positive environmental outcomes, earning the London Stock Exchange’s Green Economy Mark.

YTD Price Performance: 6.53%

Average Trading Volume: 1,201,660

Technical Sentiment Consensus Rating: Buy

Learn more about GCP stock on TipRanks’ Stock Analysis page.

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