ICG Enterprise Trust PLC GBP ( (GB:ICGT) ) has shared an update.
ICG Enterprise Trust PLC announced a recent transaction involving the buyback of 6,000 shares at an average price of 1340 pence per share, which will be held as treasury shares. This buyback is part of the authority granted by shareholders to repurchase up to 14.99% of its ordinary shares, with the actual buyback depending on market conditions. The move is intended to manage share capital efficiently and is facilitated by Numis Securities Limited in compliance with UKLA Listing Rules.
More about ICG Enterprise Trust PLC GBP
ICG Enterprise Trust PLC operates in the financial sector, primarily focusing on investment management and private equity. The company is engaged in managing a diversified portfolio of private equity investments, aiming to provide long-term capital growth. It targets a broad range of sectors and geographies, leveraging its expertise to optimize returns for its investors.
YTD Price Performance: 3.71%
Average Trading Volume: 74,568
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £862.6M
Find detailed analytics on ICGT stock on TipRanks’ Stock Analysis page.