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ICG Enterprise Trust Continues Share Buybacks Under AGM Authority

Story Highlights
  • ICG Enterprise Trust repurchased 15,000 shares into treasury at 1,330p, lifting treasury holdings to just over 2.08 million shares.
  • The buyback program, executed by Deutsche Numis, operates under AGM authority for up to 14.99% of shares and avoids prices above NAV.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ICG Enterprise Trust Continues Share Buybacks Under AGM Authority

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ICG Enterprise Trust PLC GBP ( (GB:ICGT) ) has shared an announcement.

ICG Enterprise Trust plc has repurchased 15,000 of its own shares on 30 March 2026 at an average price of 1,330 pence per share, with the shares to be held in treasury. Following this transaction, the company holds 2,089,106 shares in treasury and has 61,465,086 shares in issue excluding treasury.

The buyback is being carried out under the shareholder authority granted at the June 2025 AGM, which allows repurchases of up to 14.99% of the ordinary share capital, and remains in force until renewed or revoked. The company has appointed Numis Securities Limited, trading as Deutsche Numis, to execute the buybacks in line with UK listing rules, and has stated it will not repurchase shares at a premium to net asset value, underscoring a disciplined approach to capital management.

The most recent analyst rating on (GB:ICGT) stock is a Buy with a £1678.00 price target. To see the full list of analyst forecasts on ICG Enterprise Trust PLC GBP stock, see the GB:ICGT Stock Forecast page.

Spark’s Take on ICGT Stock

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

The score is driven mainly by solid financial flexibility (low leverage) but tempered by materially inconsistent cash generation, including negative operating/free cash flow in 2025. Technical indicators point to weak near-term momentum, while valuation looks reasonable and corporate actions (buybacks below NAV plus liquidity-boosting realisations) provide additional support.

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

More about ICG Enterprise Trust PLC GBP

ICG Enterprise Trust plc is a London-listed investment trust focused on private equity, investing primarily in a diversified portfolio of private companies through funds and direct investments. It aims to deliver long-term capital growth for its shareholders by selectively allocating capital across buyouts and growth opportunities in developed markets.

Average Trading Volume: 82,444

Technical Sentiment Signal: Buy

Current Market Cap: £820.1M

See more data about ICGT stock on TipRanks’ Stock Analysis page.

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