ICG Enterprise Trust PLC Announces Share Buyback Strategy

ICG Enterprise Trust PLC GBP (GB:ICGT) has released an update.

ICG Enterprise Trust PLC has repurchased 80,000 of its own shares at 1230 pence each, with plans to hold them as treasury shares. This buyback is part of a broader strategy authorized by shareholders, allowing the company to repurchase up to 14.99% of its ordinary shares, depending on market conditions. The company aims to manage its share capital efficiently, with no premium paid over the net asset value for buybacks.

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