ICG Enterprise Trust PLC GBP ( (GB:ICGT) ) has issued an announcement.
ICG Enterprise Trust PLC announced the repurchase of 10,000 of its own shares to be held as treasury shares, executed at an average price of 1295 pence per share. This buyback is part of a shareholder-approved plan allowing the company to repurchase up to 14.99% of its ordinary shares, reflecting a strategic move to optimize capital structure and potentially enhance shareholder value.
More about ICG Enterprise Trust PLC GBP
ICG Enterprise Trust PLC operates in the financial industry, focusing on investment management and private equity. The company primarily deals with managing a diversified portfolio of private equity investments, aiming to deliver long-term capital growth for its stakeholders.
YTD Price Performance: 0.49%
Average Trading Volume: 52,292
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £829.5M
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