Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
GCP Infra Invt Shs GBP ( (GB:GCP) ) has provided an update.
GCP Infrastructure Investments Ltd announced the repurchase of 200,000 of its own ordinary shares at a weighted average price of 70.13 pence per share to be held in treasury. This move aligns with the authority granted by shareholders to make market purchases, and it impacts the total voting rights available for determining shareholder interests in the company. With this transaction, the company now has 865,682,650 voting shares in circulation, with 19,115,019 shares held in treasury.
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 its shares traded on the main market of the London Stock Exchange. The company aims to provide shareholders with regular, sustained, long-term distributions while preserving capital by focusing on UK infrastructure debt and similar assets. Its investments primarily target projects with long-term, public sector-backed revenues, and where possible, are structured to benefit from partial inflation protection. GCP Infra has been recognized with the London Stock Exchange’s Green Economy Mark for its positive environmental contributions.
YTD Price Performance: -0.71%
Average Trading Volume: 1,116,783
Technical Sentiment Consensus Rating: Buy
For a thorough assessment of GCP stock, go to TipRanks’ Stock Analysis page.
