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 to be held as treasury shares, at an average price of 1306 pence per share. This move is part of the company’s strategy to manage its share capital and is conducted under the authority granted by shareholders at the Annual General Meeting in June 2024. The buyback reflects the company’s initiative to optimize its capital structure and market positioning, as well as its commitment to maintaining shareholder value. The company has appointed Numis Securities Limited as its broker for these transactions, adhering to regulatory standards.
More about ICG Enterprise Trust PLC GBP
ICG Enterprise Trust PLC is a company involved in financial services, primarily focusing on managing and investing in private equity funds. The company operates within the investment trust sector, concentrating on providing long-term capital growth through a diversified portfolio of private equity investments.
YTD Price Performance: 10.82%
Average Trading Volume: 111,767
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £854.2M
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