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General Accident PLC Updates on Tender Offer and Share Cancellation

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General Accident ( (GB:GACA) ) has issued an update.

General Accident PLC announced an update on its tender offer for its cumulative irredeemable preference shares, with a significant 74.8% of the outstanding shares tendered for purchase. The company is also seeking shareholder approval for the cancellation of these shares and the payment of a special dividend, which could impact its capital structure and shareholder returns.

More about General Accident

General Accident PLC is a company incorporated in Scotland, operating in the financial services industry. It primarily deals with insurance and financial products, focusing on providing comprehensive coverage and investment opportunities to its clientele.

YTD Price Performance: 11.65%

Average Trading Volume: 269,047

Technical Sentiment Signal: Strong Sell

Find detailed analytics on GACA stock on TipRanks’ Stock Analysis page.

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