ICG Enterprise Trust PLC GBP (GB:ICGT) has released an update.
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ICG Enterprise Trust PLC has repurchased 100,000 of its own shares at an average price of 1250 pence per share, holding them as treasury shares. This move is part of a broader buyback strategy authorized by shareholders, allowing repurchase of up to 14.99% of its ordinary shares, and aims to manage capital efficiently in response to market conditions. The transaction underscores the company’s commitment to shareholder value and its strategic financial management.
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