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ICG Advances Amundi-Linked Buyback, Resets Voting Rights Base

Story Highlights
  • ICG repurchased 660,774 ordinary shares in late April and early May 2026, holding them in Treasury for staged cancellation.
  • The buyback supports a non-dilutive share issuance to Amundi and resets ICG’s total voting rights to 285,212,602 for disclosure purposes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ICG Advances Amundi-Linked Buyback, Resets Voting Rights Base

Meet Samuel – Your Personal Investing Prophet

ICG plc ( (GB:ICG) ) has issued an update.

ICG plc has repurchased 660,774 ordinary shares on the London Stock Exchange between 27 April and 1 May 2026 under its ongoing buyback programme. The purchases, executed via Merrill Lynch International, were made at prices ranging from 1,768.00 pence to 1,879.00 pence per share and will be held in Treasury until they are cancelled in stages.

The buyback is designed to support ICG’s strategic partnership with Amundi by issuing an equivalent number of Ordinary Non-Voting shares to Amundi on a non-dilutive basis for existing shareholders. Following settlement, ICG will have 294,373,624 Ordinary Shares in issue, including 9,161,022 in Treasury, alongside 3,951,459 Ordinary Non-Voting shares, resulting in 285,212,602 voting rights that will serve as the new reference figure for regulatory disclosure thresholds.

The most recent analyst rating on (GB:ICG) stock is a Buy with a £2290.00 price target. To see the full list of analyst forecasts on ICG plc stock, see the GB:ICG Stock Forecast page.

Spark’s Take on ICG Stock

According to Spark, TipRanks’ AI Analyst, ICG is a Neutral.

The score is anchored by solid underlying financial results and a constructive earnings-call outlook, supported by an attractive P/E and dividend yield. These positives are meaningfully offset by weak technicals (price below key moving averages and strongly negative momentum) and cash flow deterioration highlighted in the financial statement analysis.

To see Spark’s full report on ICG stock, click here.

More about ICG plc

ICG plc is an alternative asset manager focused on providing capital solutions, including private debt and other financing instruments, to businesses and investors worldwide. Listed in London, the company manages funds across multiple strategies and maintains strategic partnerships with major asset management groups to broaden its distribution and product reach.

Average Trading Volume: 1,539,767

Technical Sentiment Signal: Buy

Current Market Cap: £5.3B

For an in-depth examination of ICG stock, go to TipRanks’ Overview page.

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