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GCP Infra Repurchases Shares to Optimize Capital Structure
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GCP Infra Repurchases Shares to Optimize Capital Structure

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GCP Infra Invt Shs GBP ( (GB:GCP) ) just unveiled an announcement.

GCP Infrastructure Investments Limited announced the repurchase of 75,000 ordinary shares at an average price of 71.72 pence per share, to be held in treasury. This move is part of the general authority granted by shareholders in 2024. Following the transaction, GCP Infra has 884,797,669 shares issued, with 19,790,019 held in treasury, affecting the total voting rights available for market considerations. This transaction reflects the company’s strategy to manage its share capital effectively, potentially impacting shareholder interests by adjusting the shares available for voting and market activities.

More about GCP Infra Invt Shs GBP

GCP Infra is a closed-ended investment company listed on the London Stock Exchange and part of the FTSE-250 index. It focuses on providing shareholders with regular, sustained, long-term distributions while preserving capital through exposure to UK infrastructure debt and related assets. The company targets investments in infrastructure projects with public sector-backed, availability-based revenues, often structured for partial inflation protection. GCP Infra has received the Green Economy Mark from the London Stock Exchange for its positive environmental contributions.

YTD Price Performance: 2.82%

Average Trading Volume: 1,172,887

Technical Sentiment Consensus Rating: Hold

For a thorough assessment of GCP stock, go to TipRanks’ Stock Analysis page.

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