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The latest announcement is out from GCP Infra Invt Shs GBP ( (GB:GCP) ).
GCP Infra announced the repurchase of 30,000 ordinary shares at an average price of 71.96 pence per share, in accordance with the general authority from shareholders. This transaction, aimed at holding the shares in treasury, affects the total voting rights, now adjusted to 864,852,650. This strategic move could influence the company’s market positioning and stakeholder interests as it manages its share capital effectively.
More about GCP Infra Invt Shs GBP
GCP Infrastructure Investments Limited (GCP Infra) is a closed-ended investment company and part of the FTSE-250, with shares traded on the London Stock Exchange. Its main objective is to provide shareholders with long-term distributions and preserve capital by focusing on UK infrastructure debt and related assets, targeting investments in projects with long-term, public sector-backed revenues, and benefiting from partial inflation protection. Advised by Gravis Capital Management Limited, GCP Infra has been recognized with the London Stock Exchange’s Green Economy Mark for its positive environmental contributions.
YTD Price Performance: 0.99%
Average Trading Volume: 1,164,331
Technical Sentiment Consensus Rating: Buy
Learn more about GCP stock on TipRanks’ Stock Analysis page.
