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ICG Enterprise Trust Executes Share Buyback Strategy

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ICG Enterprise Trust Executes Share Buyback Strategy

An announcement from ICG Enterprise Trust PLC GBP ( (GB:ICGT) ) is now available.

ICG Enterprise Trust PLC announced the repurchase of 10,000 of its own shares on February 4, 2025, to be held as treasury shares. This action is part of the company’s ongoing strategy authorized by shareholders to buy back up to 14.99% of its ordinary shares, contingent on market conditions, without paying a premium to the net asset value. The buyback, executed by Numis Securities Limited, aligns with UKLA Listing Rules and aims to manage share capital efficiently.

More about ICG Enterprise Trust PLC GBP

YTD Price Performance: 1.55%

Average Trading Volume: 71,749

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £854.8M

For an in-depth examination of ICGT stock, go to TipRanks’ Stock Analysis page.

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