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The latest announcement is out from ICG Enterprise Trust PLC GBP ( (GB:ICGT) ).
ICG Enterprise Trust PLC, a company involved in investment and financial services, has announced a share buyback transaction. On August 7, 2025, the company repurchased 15,000 of its own shares at an average price of 1450 pence per share to be held as treasury shares. This buyback is part of the authority granted by shareholders at the Annual General Meeting in June 2025, allowing the company to repurchase up to 14.99% of its ordinary shares. The move is in line with the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:ICGT) stock is a Buy with a £15.70 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.
ICG Enterprise Trust PLC’s overall score is driven by a mixed financial performance, with strong profitability but concerns over revenue and cash flow. Technical indicators suggest moderate upward momentum, while the valuation indicates potential overvaluation. Positive corporate events, such as share buybacks and NAV growth, bolster the outlook and enhance shareholder value.
To see Spark’s full report on GB:ICGT stock, click here.
More about ICG Enterprise Trust PLC GBP
Average Trading Volume: 69,468
Technical Sentiment Signal: Buy
Current Market Cap: £919M
Find detailed analytics on ICGT stock on TipRanks’ Stock Analysis page.