The latest update is out from ICG Enterprise Trust PLC GBP ( (GB:ICGT) ).
ICG Enterprise Trust PLC, a company involved in investment management and financial services, has executed a buyback of 10,000 of its own shares to hold as treasury shares at an average price of 1299 pence per share. This move is part of a larger strategy authorized by shareholders to repurchase up to 14.99% of its ordinary shares, as market conditions allow, without exceeding the net asset value in price. Such buybacks are facilitated by Numis Securities Limited and align with the company’s strategic financial planning under UKLA Listing Rules.
More about ICG Enterprise Trust PLC GBP
YTD Price Performance: 1.85%
Average Trading Volume: 69,752
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £846.6M
For detailed information about ICGT stock, go to TipRanks’ Stock Analysis page.