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FGEN Adjusts Share Capital with Treasury Share Purchase

Story Highlights
  • FGEN operates in the environmental infrastructure sector, focusing on sustainable investments.
  • FGEN purchased 49,488 shares for treasury, impacting its voting rights and shareholder calculations.
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FGEN Adjusts Share Capital with Treasury Share Purchase

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The latest announcement is out from Foresight Environmental Infrastructure Limited GBP ( (GB:FGEN) ).

Foresight Environmental Infrastructure Limited announced the purchase of 49,488 ordinary shares for treasury, impacting its total voting rights. This transaction adjusts FGEN’s issued share capital to 630,512,092 shares with voting rights, influencing shareholder calculations under the FCA’s rules. The move reflects FGEN’s strategic financial management, potentially affecting shareholder interests and market positioning.

More about Foresight Environmental Infrastructure Limited GBP

Foresight Environmental Infrastructure Limited (FGEN) operates in the environmental infrastructure sector, focusing on investments in infrastructure assets, projects, and businesses that utilize natural or waste resources. The company supports environmentally friendly economic activities and the transition to a low carbon economy, aiming to provide sustainable dividends and preserve capital value over the long term. FGEN is classified as an Article 9 fund under the EU Sustainable Finance Disclosure Regulation, emphasizing its commitment to ESG principles.

Average Trading Volume: 1,382,953

Technical Sentiment Signal: Buy

Current Market Cap: £498.1M

Find detailed analytics on FGEN stock on TipRanks’ Stock Analysis page.

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