GCP Infra Invt Shs GBP ( (GB:GCP) ) has issued an update.
GCP Infrastructure Investments Ltd announced the repurchase of 400,000 ordinary shares at an average price of 77.72 pence per share, to be held in treasury. This transaction, conducted under the authority granted by shareholders, results in 853,421,116 voting rights for market reporting purposes. This move reflects the company’s ongoing 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 listed on the FTSE-250 and traded on the London Stock Exchange. It focuses on providing shareholders with long-term distributions and capital preservation through investments in UK infrastructure debt and related assets. The company targets infrastructure projects with public sector-backed revenues and aims for partial inflation protection in its investments. GCP Infra is recognized for its positive environmental contributions with the London Stock Exchange’s Green Economy Mark.
YTD Price Performance: 12.90%
Average Trading Volume: 1,536,405
Technical Sentiment Consensus Rating: Strong Sell
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