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The Conygar Investment ( (GB:CIC) ) has shared an announcement.
The Conygar Investment Company PLC has launched a share acquisition programme for zero dividend preference shares issued by Conygar ZDP PLC, appointing Panmure Liberum as broker and Liberum Wealth as agent to buy back up to £2.5 million of these securities at prices up to their accrued capital entitlement. Funded from the company’s cash reserves and running until 3 March 2026, the off-market programme is intended to see the repurchased ZDP shares held by the company until their repayment date, signalling an active approach to balance sheet and capital structure management that may influence returns and risk exposure for its investors.
The most recent analyst rating on (GB:CIC) stock is a Hold with a £31.00 price target. To see the full list of analyst forecasts on The Conygar Investment stock, see the GB:CIC Stock Forecast page.
Spark’s Take on GB:CIC Stock
According to Spark, TipRanks’ AI Analyst, GB:CIC is a Neutral.
The overall stock score is primarily impacted by significant financial challenges, including ongoing losses and liquidity constraints. Technical analysis indicates a bearish trend, while valuation metrics reflect a lack of profitability. The absence of earnings call data and corporate events limits additional insights.
To see Spark’s full report on GB:CIC stock, click here.
More about The Conygar Investment
The Conygar Investment Company PLC is a UK-listed investment company focused on property-related and similar investment opportunities, managing its capital structure through instruments such as zero dividend preference shares. It utilises its own cash resources and capital markets relationships to optimise financing and support its broader investment activities.
Average Trading Volume: 91,780
Technical Sentiment Signal: Sell
Current Market Cap: £19.38M
Learn more about CIC stock on TipRanks’ Stock Analysis page.