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The latest announcement is out from ICG Enterprise Trust PLC GBP ( (GB:ICGT) ).
ICG Enterprise Trust PLC has repurchased 10,000 of its own shares at an average price of 1326 pence per share to hold as treasury shares. This buyback is part of a broader strategy authorized by shareholders to repurchase up to 14.99% of its ordinary shares, with the aim of adjusting its capital structure based on market conditions.
More about ICG Enterprise Trust PLC GBP
ICG Enterprise Trust PLC operates in the financial industry, focusing on investment management and trust services. The company is involved in buying back shares to manage its capital structure and optimize shareholder value.
YTD Price Performance: 2.32%
Average Trading Volume: 78,931
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £868.1M
For detailed information about ICGT stock, go to TipRanks’ Stock Analysis page.
