Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
GCP Infra Invt Shs GBP ( (GB:GCP) ) has provided an update.
GCP Infrastructure Investments Limited announced the repurchase of 150,000 ordinary shares at an average price of 70.65 pence per share, to be held in treasury, under the authority granted by its shareholders. This transaction affects the company’s share count for FCA reporting, impacting voting rights calculations. The move reflects GCP Infra’s strategic approach to managing its share capital and maintaining its market positioning.
More about GCP Infra Invt Shs GBP
GCP Infra is a closed-ended investment company and a constituent of the FTSE-250, with its shares traded on the London Stock Exchange. The company’s objective is to provide regular, sustained, long-term distributions to shareholders and preserve capital by investing in UK infrastructure debt and related assets. GCP Infra focuses on infrastructure projects with long-term, public sector-backed revenues and structures investments to include partial inflation protection where possible. It 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: 6.68%
Average Trading Volume: 1,191,634
Technical Sentiment Consensus Rating: Buy
For an in-depth examination of GCP stock, go to TipRanks’ Stock Analysis page.
