GCP Infra Invt Shs GBP ( (GB:GCP) ) has shared an announcement.
GCP Infrastructure Investments Limited has repurchased 250,000 of its own ordinary shares at an average price of 74.93 pence per share, to be held in treasury. This transaction follows the authority granted by shareholders and affects the company’s voting rights, now totaling 854,342,598. This move is part of GCP Infra’s strategy to manage its share capital effectively, potentially impacting shareholder value and market perception.
More about GCP Infra Invt Shs GBP
GCP Infra is a closed-ended investment company and a constituent of the FTSE-250, trading on the London Stock Exchange. The company aims to provide shareholders with regular, long-term distributions and preserve capital by investing in UK infrastructure debt and related assets. It focuses on projects with long-term, public sector-backed revenues, often structured to include partial inflation protection. GCP Infra is advised by Gravis Capital Management Limited and has received the London Stock Exchange’s Green Economy Mark for its positive environmental contributions.
YTD Price Performance: 7.69%
Average Trading Volume: 1,500,569
Technical Sentiment Consensus Rating: Sell
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