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GCP Infrastructure Announces Share Repurchase
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GCP Infrastructure Announces Share Repurchase

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An announcement from GCP Infra Invt Shs GBP ( (GB:GCP) ) is now available.

GCP Infrastructure Investments Ltd announced the repurchase of 50,000 ordinary shares at an average price of 72.41 pence each, to be held in treasury, following the authority granted by shareholders. This transaction adjusts the total voting rights to 865,082,650, affecting stakeholders’ interest notifications. The move reflects the company’s strategy to manage its share capital effectively and maintain shareholder value.

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 listed on the main market of the London Stock Exchange. It aims to provide shareholders with sustained long-term distributions and capital preservation through investments in UK infrastructure debt and related assets, particularly targeting infrastructure projects with public sector-backed, availability-based revenues. The company is recognized for its contribution to positive environmental outcomes, having received the London Stock Exchange’s Green Economy Mark and is advised by Gravis Capital Management Limited.

YTD Price Performance: 1.69%

Average Trading Volume: 1,171,432

Technical Sentiment Consensus Rating: Buy

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

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