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Irish Continental ( (GB:ICGC) ) has issued an announcement.
Irish Continental Group plc has repurchased 677,750 of its own shares, representing 0.40% of its issued share capital, at a price of €5.15 per share. These shares will be cancelled, which may impact the company’s stock value and shareholder equity by reducing the number of outstanding shares, potentially increasing the value of remaining shares.
More about Irish Continental
Irish Continental Group plc operates in the transportation and logistics industry, focusing on ferry services and freight transport. The company is known for its passenger and freight ferry services across the Irish Sea, serving both tourism and commercial markets.
YTD Price Performance: -3.83%
Average Trading Volume: 769
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £668.9M
Learn more about ICGC stock on TipRanks’ Stock Analysis page.