ICG Enterprise Trust PLC Enhances Treasury with Share Buyback

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

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.