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ICG Advances Amundi Partnership With Fresh Non-Dilutive Share Buyback

Story Highlights
  • ICG repurchased 95,521 shares in London to support its structured buyback programme linked to the Amundi partnership.
  • The treasury shares will be cancelled in tranches, enabling non-dilutive non-voting share issuance to Amundi and underscoring ICG’s capital discipline.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ICG Advances Amundi Partnership With Fresh Non-Dilutive Share Buyback

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Intermediate Capital ( (GB:ICG) ) has issued an update.

ICG plc has repurchased 95,521 ordinary shares on the London Stock Exchange under its previously announced buyback programme, paying between 1,676.00 and 1,716.00 pence per share at a volume-weighted average price of 1,692.35 pence. The acquired shares will be held in treasury and cancelled in tranches at least twice a year, leaving 290,448,074 ordinary shares in issue and 3,925,550 in treasury, as the company structures the buyback to support its non-dilutive strategic partnership with Amundi.

The buyback is designed to allow ICG to issue an equivalent number of non-voting shares to Amundi without diluting existing shareholders, reinforcing the economics of their strategic partnership announced in November 2025. By committing to cancel these shares over time rather than reuse them, ICG is signalling disciplined capital management and offering reassurance to investors concerned about potential dilution from the Amundi tie-up.

The most recent analyst rating on (GB:ICG) stock is a Hold with a £1797.00 price target. To see the full list of analyst forecasts on Intermediate Capital stock, see the GB:ICG Stock Forecast page.

Spark’s Take on GB:ICG Stock

According to Spark, TipRanks’ AI Analyst, GB: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 GB:ICG stock, click here.

More about Intermediate Capital

ICG plc, also known as Intermediate Capital Group, is a London-listed alternative asset manager and provider of private debt, credit and equity solutions. The company focuses on financing mid-market and larger businesses globally, serving institutional investors and seeking to enhance returns through active capital management and strategic partnerships.

Average Trading Volume: 1,157,150

Technical Sentiment Signal: Hold

Current Market Cap: £4.74B

Learn more about ICG stock on TipRanks’ Stock Analysis page.

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