tiprankstipranks
BBGI Acquires Shares to Support Incentive Plans
Company Announcements

BBGI Acquires Shares to Support Incentive Plans

BBGI Shs Ordinary (GB:BBGI) has released an update.

Don't Miss our Black Friday Offers:

BBGI Global Infrastructure S.A., a key player in the infrastructure investment sector, has recently announced the acquisition of 654,064 treasury shares at a weighted average price of GBP 1.41526. This strategic move, conducted on the London Stock Exchange, is intended to support the company’s incentive plans, including the Long Term and Short Term Incentive Plans for management and employees. Post-purchase, BBGI holds 1,107,386 Ordinary Shares in treasury, accounting for 0.15% of the total issued share capital, which affects the total voting rights and shareholder notifications pursuant to the FCA’s rules.

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

Related Articles
TipRanks UK Auto-Generated NewsdeskBBGI Secures Amended Revolving Credit Facility
TipRanks UK Auto-Generated NewsdeskBBGI Announces Total Voting Rights and Growth Focus
TipRanks UK Auto-Generated NewsdeskBBGI Boosts Management Shareholdings with 2021 Award Vesting
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App