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General Accident PLC Updates on Preference Shares Tender Offer

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General Accident PLC Updates on Preference Shares Tender Offer

An announcement from General Accident ( (GB:GACA) ) is now available.

General Accident PLC has announced an update on its tender offer for its cumulative irredeemable preference shares, with a significant portion of shares tendered by institutional investors. The tender offer remains open to retail investors, and the outcome of the tender offer and related transactions will impact the company’s capital structure and shareholder returns, pending the results of upcoming shareholder meetings.

More about General Accident

General Accident PLC is a company incorporated in Scotland, operating within the financial services industry. It is involved in the issuance of preference shares, which are financial instruments that provide dividends to shareholders.

YTD Price Performance: 13.49%

Average Trading Volume: 176,405

Technical Sentiment Consensus Rating: Sell

See more insights into GACA stock on TipRanks’ Stock Analysis page.

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