An announcement from ICG Enterprise Trust PLC GBP ( (GB:ICGT) ) is now available.
ICG Enterprise Trust PLC announced the buyback of 15,000 of its own shares to be held as treasury shares, executed at an average price of 1328 pence per share. This move is part of a broader strategy authorized by shareholders to repurchase up to 14.99% of its ordinary shares, reflecting the company’s commitment to optimizing capital structure and potentially enhancing shareholder value.
More about ICG Enterprise Trust PLC GBP
ICG Enterprise Trust PLC operates in the financial sector, focusing on investment management and trust services. The company is known for managing a diversified portfolio of private equity investments, primarily targeting mid-market companies across various industries.
YTD Price Performance: 3.71%
Average Trading Volume: 74,568
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £862.6M
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