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GCP Infra Invt Shs GBP ( (GB:GCP) ) has shared an announcement.
GCP Infrastructure Investments Ltd announced the repurchase of 425,000 ordinary shares at an average price of 72.39 pence per share to be held in treasury. This transaction adjusts the total voting rights in the company to 862,787,650, impacting how market stakeholders calculate their interests. The move reflects GCP Infra’s strategy to manage its share capital effectively and maintain shareholder value.
More about GCP Infra Invt Shs GBP
GCP Infrastructure Investments Ltd is a closed-ended investment company and a constituent of the FTSE-250, listed on the London Stock Exchange. The company aims to provide shareholders with consistent, long-term distributions while preserving capital by investing in UK infrastructure debt and similar assets. It focuses on infrastructure projects with public sector-backed revenues and seeks investments that offer some degree of inflation protection. GCP Infra is advised by Gravis Capital Management Limited and has been recognized with the Green Economy Mark for its positive environmental contributions.
YTD Price Performance: 1.41%
Average Trading Volume: 1,228,807
Technical Sentiment Consensus Rating: Buy
See more data about GCP stock on TipRanks’ Stock Analysis page.