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GCP Infra Invt Shs GBP ( (GB:GCP) ) has provided an update.
GCP Infrastructure Investments Limited has repurchased 250,000 of its own ordinary shares at a weighted average price of 73.78 pence per share under its existing shareholder authority, with the shares to be held in treasury. Following this buyback, the company has 884,797,669 ordinary shares in issue, of which 50,619,236 are held in treasury, leaving 834,178,433 voting rights in circulation, a change that slightly reduces the free float and may be relevant for investors monitoring their disclosure thresholds under UK transparency rules.
The most recent analyst rating on (GB:GCP) stock is a Hold with a £77.00 price target. To see the full list of analyst forecasts on GCP Infra Invt Shs GBP stock, see the GB:GCP Stock Forecast page.
Spark’s Take on GB:GCP Stock
According to Spark, TipRanks’ AI Analyst, GB:GCP is a Outperform.
The score is primarily driven by strong balance-sheet conservatism and improving cash generation, supported by constructive technical trend signals. Offsetting these positives are inconsistent/declining revenue trends and a demanding P/E despite an attractive dividend yield, with corporate actions (dividend stability and buybacks) providing additional support.
To see Spark’s full report on GB:GCP stock, click here.
More about GCP Infra Invt Shs GBP
GCP Infrastructure Investments Limited (GCP Infra) is a closed-ended FTSE 250 investment company listed on the main market of the London Stock Exchange, focused on providing shareholders with regular, long-term distributions and capital preservation through exposure to UK infrastructure debt and similar assets. The company primarily targets infrastructure projects generating long-term, public sector-backed, availability-based revenues, often structured with partial inflation protection, and has received the London Stock Exchange’s Green Economy Mark for its contribution to positive environmental outcomes; it is advised by Gravis Capital Management Limited.
Average Trading Volume: 1,868,031
Technical Sentiment Signal: Strong Buy
For an in-depth examination of GCP stock, go to TipRanks’ Overview page.