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ICG Enterprise Trust PLC GBP ( (GB:ICGT) ) just unveiled an update.
ICG Enterprise Trust PLC, a company involved in investment management and financial services, announced a buyback of 15,000 of its own shares to be held as treasury shares at an average price of 1314 pence per share. This move is part of the company’s authorized plan to repurchase up to 14.99% of its ordinary shares, which is expected to influence market conditions and shareholder value. The transaction, facilitated by Deutsche Numis, aligns with the UKLA Listing Rules, aiming to manage share capital efficiently without exceeding the net asset value.
More about ICG Enterprise Trust PLC GBP
YTD Price Performance: 2.63%
Average Trading Volume: 85,904
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £855.2M
Find detailed analytics on ICGT stock on TipRanks’ Stock Analysis page.
