Income & Growth VCT Buyback Reduces Shares

Income & Growth VCT plc Class S (GB:IGV) has released an update.

Income & Growth VCT plc has recently bought back 373,569 of its own shares at 65.88 pence each for cancellation, reducing the total number of outstanding shares. The transaction leaves the company with 266,136,776 Ordinary shares, each with voting rights. This move could indicate a strategy to enhance shareholder value and reflects the company’s current capital structure management.

For further insights into GB:IGV stock, check out TipRanks’ Stock Analysis page.