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Foresight Environmental Infrastructure Adjusts Share Capital with Treasury Purchase

Story Highlights
  • Foresight Environmental Infrastructure focuses on renewable energy and sustainable projects.
  • FGEN purchased 163,716 shares, affecting voting rights and shareholder notifications.
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Foresight Environmental Infrastructure Adjusts Share Capital with Treasury Purchase

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Foresight Environmental Infrastructure Limited GBP ( (GB:FGEN) ) has issued an update.

Foresight Environmental Infrastructure Limited announced the purchase of 163,716 ordinary shares for treasury, impacting its total voting rights and share capital structure. This transaction reflects FGEN’s strategic financial management, potentially affecting shareholder interests and market positioning by adjusting the denominator for shareholder interest notifications under FCA rules.

More about Foresight Environmental Infrastructure Limited GBP

Foresight Environmental Infrastructure Limited (FGEN) invests in environmental infrastructure, focusing on renewable generation, energy infrastructure, and sustainable resource management. The company aims to deliver stable returns, predictable income, and growth opportunities while promoting decarbonisation and sustainability. FGEN targets projects with long-term stable cash flows, secured revenues, and essential services, offering investors a sustainable dividend and potential capital growth. It is classified as an Article 9 fund under the EU Sustainable Finance Disclosure Regulation.

Average Trading Volume: 1,267,761

Technical Sentiment Signal: Buy

Current Market Cap: £532.8M

Learn more about FGEN stock on TipRanks’ Stock Analysis page.

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