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Irish Continental Group Announces Share Buyback

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Irish Continental Group Announces Share Buyback

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The latest update is out from Irish Continental ( (GB:ICGC) ).

Irish Continental Group plc has repurchased 566,000 of its own shares at a price of €5.20 per share, representing 0.34% of its issued share capital before the transaction. These shares will be cancelled, potentially impacting the company’s share value and market perception by reducing the number of shares in circulation.

More about Irish Continental

Irish Continental Group plc operates in the maritime transportation industry, providing ferry services and container shipping. The company focuses on serving the Irish Sea routes, catering to both passenger and freight transportation needs.

YTD Price Performance: -2.93%

Average Trading Volume: 857

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £721.4M

See more data about ICGC stock on TipRanks’ Stock Analysis page.

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