GCP Infra Invt Shs GBP ( (GB:GCP) ) has issued an update.
GCP Infrastructure Investments Ltd has repurchased 200,000 of its own ordinary shares at a weighted average price of 73.40 pence per share to be held in treasury, following shareholder approval at the annual general meeting. This transaction adjusts the total voting rights to 852,331,116, impacting how stakeholders should report their interests in the company, reflecting the company’s strategic financial management and potentially influencing market perceptions.
More about GCP Infra Invt Shs GBP
GCP Infrastructure Investments Ltd is a closed-ended investment company and a constituent of the FTSE-250, with shares traded on the London Stock Exchange. The company aims to provide shareholders with regular, sustained, long-term distributions and preserve capital by investing in UK infrastructure debt and related assets. It focuses on infrastructure projects with long-term, public sector-backed revenues and structures investments 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: 6.82%
Average Trading Volume: 1,605,670
Technical Sentiment Signal: Sell
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