ICG Enterprise Trust PLC GBP (GB:ICGT) has released an update.
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ICG Enterprise Trust PLC has repurchased 80,000 of its own shares at 1230 pence each, with plans to hold them as treasury shares. This buyback is part of a broader strategy authorized by shareholders, allowing the company to repurchase up to 14.99% of its ordinary shares, depending on market conditions. The company aims to manage its share capital efficiently, with no premium paid over the net asset value for buybacks.
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