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Irish Continental Group Announces Share Buyback

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Irish Continental Group Announces Share Buyback

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Irish Continental ( (GB:ICGC) ) has shared an update.

Irish Continental Group plc has announced the repurchase of 270,000 of its own shares, representing 0.16% of its issued share capital, at a price of €5.15 per share. This transaction, which will result in the cancellation of the shares, is part of the company’s ongoing capital management strategy, potentially enhancing shareholder value and optimizing its capital structure.

More about Irish Continental

Irish Continental Group plc operates in the transportation and logistics industry, primarily focusing on ferry and container shipping services. The company serves both passenger and freight markets, emphasizing connectivity between Ireland, the United Kingdom, and continental Europe.

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

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