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ICG Enterprise Trust PLC Enhances Treasury with Share Buyback

ICG Enterprise Trust PLC Enhances Treasury with Share Buyback

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

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ICG Enterprise Trust PLC has repurchased 10,000 of its own shares at an average price of 1250 pence per share, adding to its treasury holdings. This buyback is part of a shareholder-approved plan allowing the company to repurchase up to 14.99% of its ordinary shares, depending on market conditions. The repurchase strategy is managed by Numis Securities Limited, ensuring compliance with UK listing rules.

For further insights into GB:ICGT stock, check out TipRanks’ Stock Analysis page.

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