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ICG Enterprise Trust PLC GBP ( (GB:ICGT) ) has shared an update.
ICG Enterprise Trust has repurchased 15,000 of its own shares on 19 February 2026 at an average price of 1,490 pence, with the shares to be held in treasury. Following this transaction, the company holds 1,793,722 shares in treasury and has 61,760,470 shares in issue excluding treasury, as part of its broader strategy to manage capital under an existing shareholder-approved buyback authority.
The buyback is conducted under a mandate granted at the June 2025 AGM, allowing repurchases of up to 14.99% of ordinary shares, and must be executed at prices not exceeding net asset value. By routing the programme through broker Deutsche Numis and indicating an intention to hold repurchased shares in treasury, the trust signals ongoing active balance sheet management that may support its share price and net asset value for investors.
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 GB:ICGT Stock
According to Spark, TipRanks’ AI Analyst, GB: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 GB:ICGT stock, click here.
More about ICG Enterprise Trust PLC GBP
ICG Enterprise Trust plc is a U.K.-listed investment trust that focuses on private equity investments, giving shareholders exposure to a diversified portfolio of private companies. The trust is managed by ICG and operates within the listed investment funds sector, using share buybacks and capital allocation tools to enhance shareholder value.
Average Trading Volume: 73,314
Technical Sentiment Signal: Strong Buy
Current Market Cap: £921.9M
See more insights into ICGT stock on TipRanks’ Stock Analysis page.