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ICG plc ( (GB:ICG) ) has shared an announcement.
ICG plc has repurchased 567,916 ordinary shares on the London Stock Exchange between 7 and 10 April 2026 under its previously announced buyback programme, executed through Merrill Lynch International. The buyback supports the company’s strategic partnership with Amundi by allowing ICG to issue an equivalent number of non-voting shares to the French asset manager on a non-dilutive basis for existing shareholders.
The repurchased shares, which will be held in treasury and cancelled in stages at least twice a year, leave ICG with 294,373,624 ordinary shares in issue, 7,398,458 ordinary shares held in treasury, and 1,680,934 ordinary non-voting shares. The transaction underscores ICG’s ongoing capital management efforts as it integrates the Amundi partnership, aiming to align ownership structures while protecting shareholder value.
The most recent analyst rating on (GB:ICG) stock is a Buy with a £24.05 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 a London-listed alternative asset manager that focuses on private debt, credit, and equity-like investments, providing capital solutions to mid-market and larger companies globally. The group structures and manages investment strategies for institutional clients seeking exposure to private markets and income-focused assets.
Average Trading Volume: 1,469,637
Technical Sentiment Signal: Hold
Current Market Cap: £4.68B
For detailed information about ICG stock, go to TipRanks’ Stock Analysis page.