ICG Enterprise Trust PLC GBP ( (GB:ICGT) ) has provided an update.
ICG Enterprise Trust PLC is involved in financial operations, focusing on managing and investing in a diversified portfolio of private equity funds and direct investments. The company announced the repurchase of 15,000 of its own shares to be held as treasury shares, reflecting its strategy to manage share capital effectively. This buyback, conducted under the authority granted by shareholders, aims to optimize the company’s capital structure without exceeding the net asset value, potentially enhancing shareholder value.
More about ICG Enterprise Trust PLC GBP
YTD Price Performance: 0.81%
Average Trading Volume: 54,358
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £821.5M
For detailed information about ICGT stock, go to TipRanks’ Stock Analysis page.
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