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ICG Enterprise Trust PLC GBP ( (GB:ICGT) ) has issued an update.
ICG Enterprise Trust PLC has executed a buyback of 5,000 shares to be held as treasury shares, reflecting its strategic approach to managing its capital structure. This transaction is part of the authority granted by shareholders and aims to adjust the market positioning of the company’s shares without exceeding the net asset value in pricing. The impact of this buyback is a reduction in the total shares in issue, potentially increasing shareholder value and maintaining flexibility in capital management.
More about ICG Enterprise Trust PLC GBP
YTD Price Performance: -1.85%
Average Trading Volume: 85,723
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £813.4M
Learn more about ICGT stock on TipRanks’ Stock Analysis page.
