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The latest announcement is out from Irish Continental ( (GB:ICGC) ).
Irish Continental Group plc has announced the repurchase of 714,500 of its own shares, representing 0.43% of the issued share capital, at a price of €5.35 per share. This transaction, which will result in the cancellation of the shares, is part of the company’s ongoing strategy to manage its capital structure and potentially enhance shareholder value.
More about Irish Continental
Irish Continental Group plc operates in the maritime transportation industry, primarily focusing on ferry services and container shipping. The company serves both passenger and freight markets, offering services across the Irish Sea and beyond.
YTD Price Performance: 4.50%
Average Trading Volume: 876
Technical Sentiment Signal: Strong Sell
Current Market Cap: £721.3M
See more insights into ICGC stock on TipRanks’ Stock Analysis page.