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GCP Infra Invt Shs GBP ( (GB:GCP) ) has issued an update.
GCP Infrastructure Investments Ltd announced the repurchase of 500,000 of its own ordinary shares at an average price of 75.70 pence per share, to be held in treasury, following shareholder authorization. This transaction affects the total number of voting rights, which stakeholders should consider in their interests. The move reflects GCP Infra’s ongoing commitment to managing its capital structure and providing value to shareholders, supporting its strategic focus on sustainable infrastructure investment.
More about GCP Infra Invt Shs GBP
GCP Infra is a closed-ended investment company and FTSE-250 constituent, with its shares traded on the London Stock Exchange. The company aims to provide shareholders with long-term, regular distributions and capital preservation by investing in UK infrastructure debt and similar assets, focusing on projects with long-term, public sector-backed revenues and partial inflation protection. It has received the London Stock Exchange’s Green Economy Mark for its environmental contributions.
YTD Price Performance: 10.73%
Average Trading Volume: 1,462,746
Technical Sentiment Consensus Rating: Strong Sell
For a thorough assessment of GCP stock, go to TipRanks’ Stock Analysis page.
