An announcement from ICG Enterprise Trust PLC GBP ( (GB:ICGT) ) is now available.
ICG Enterprise Trust PLC is engaged in the financial industry, focusing on investment and asset management, particularly through share buybacks and treasury management. The company announced it repurchased 50,000 of its own shares to hold as treasury shares, reflecting its strategy to manage share capital effectively. This transaction, conducted under the authority granted by shareholders, aligns with the company’s ongoing efforts to optimize its capital structure without exceeding the net asset value of its shares. The buyback is facilitated by Numis Securities Limited, ensuring compliance with regulatory requirements.
More about ICG Enterprise Trust PLC GBP
YTD Price Performance: -0.44%
Average Trading Volume: 53,961
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £821.5M
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