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ICG Enterprise Trust PLC GBP ( (GB:ICGT) ) has shared an announcement.
ICG Enterprise Trust PLC has announced the repurchase of 15,000 of its own shares at an average price of 1261 pence per share, to be held as treasury shares. This buyback is part of a larger strategy approved by shareholders to repurchase up to 14.99% of its ordinary shares, subject to market conditions, indicating a focus on managing share value and optimizing capital allocation. The company has engaged Numis Securities Limited as its broker for these transactions, aligning with UKLA Listing Rules and shareholder-approved guidelines.
More about ICG Enterprise Trust PLC GBP
YTD Price Performance: -2.16%
Average Trading Volume: 85,807
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £815.1M
For detailed information about ICGT stock, go to TipRanks’ Stock Analysis page.
