Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Foresight Environmental Infrastructure Limited GBP ( (GB:FGEN) ) just unveiled an update.
Foresight Environmental Infrastructure Limited announced the purchase of 150,000 of its own shares at 78.98p each, increasing its treasury shares to 36,237,002. This transaction leaves the company with 625,294,227 ordinary shares with voting rights, which shareholders can use to calculate their interests under FCA rules. This move may impact the company’s market positioning by potentially enhancing shareholder value and reflecting confidence in its financial stability.
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 secured revenues. FGEN aims to provide sustainable dividends and potential capital growth, operating as an Article 9 fund under the EU Sustainable Finance Disclosure Regulation.
Average Trading Volume: 1,360,024
Technical Sentiment Signal: Buy
Current Market Cap: £493.5M
Learn more about FGEN stock on TipRanks’ Stock Analysis page.