The latest update is out from GCP Infra Invt Shs GBP ( (GB:GCP) ).
GCP Infrastructure Investments Limited announced the repurchase of 277,576 ordinary shares at an average price of 70.74 pence per share, to be held in treasury. This transaction is part of the authority granted by shareholders to make market purchases of its own shares. Following this buyback, the company has 884,797,669 ordinary shares in issue, with 32,802,688 held in treasury. The announcement impacts the company’s share capital structure and voting rights, with 851,994,981 voting rights available for market considerations.
More about GCP Infra Invt Shs GBP
GCP Infra is a closed-ended investment company and a constituent of the FTSE-250, with shares traded on the London Stock Exchange. It aims to provide shareholders with regular, sustained, long-term distributions and preserve capital by investing in UK infrastructure debt and related assets. The company focuses on infrastructure projects with public sector-backed revenues and seeks to benefit from partial inflation protection. GCP Infra is recognized for its positive environmental contributions with the London Stock Exchange’s Green Economy Mark.
YTD Price Performance: 4.65%
Average Trading Volume: 1,724,460
Technical Sentiment Signal: Sell
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