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Foresight Environmental Infrastructure Adjusts Share Capital with Treasury Purchase

Story Highlights
  • FGEN invests in environmental infrastructure, focusing on renewable energy and sustainability.
  • FGEN purchased 150,000 shares for treasury, impacting share capital and voting rights.
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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 150,000 ordinary shares for treasury, impacting its issued share capital and voting rights. This transaction adjusts the company’s share capital to 625,856,389 shares with voting rights, which shareholders can use to assess their interests under FCA rules. The move reflects FGEN’s ongoing strategy to manage its capital structure effectively, potentially influencing shareholder value and market perception.

More about Foresight Environmental Infrastructure Limited GBP

Foresight Environmental Infrastructure Limited (FGEN) invests in environmental infrastructure to deliver stable returns, long-term predictable income, and growth opportunities while promoting decarbonization and sustainability. The company focuses on renewable generation, energy infrastructure, and sustainable resource management, targeting projects with stable cash flows and essential services. FGEN aims to provide investors with sustainable dividends and potential capital growth, and it is recognized as an Article 9 fund under the EU Sustainable Finance Disclosure Regulation.

Average Trading Volume: 1,370,209

Technical Sentiment Signal: Buy

Current Market Cap: £500.8M

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

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