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Irish Continental ( (GB:ICGC) ) has issued an announcement.
Irish Continental Group plc announced the repurchase of 400,000 of its own shares, representing 0.24% of its issued share capital, at a price of €5.05 per share. This strategic move to cancel the repurchased shares may impact the company’s stock value and shareholder equity, potentially enhancing shareholder value and reflecting confidence in the company’s financial health.
More about Irish Continental
Irish Continental Group plc operates in the maritime transportation industry, providing ferry and container shipping services across the Irish Sea and beyond. The company focuses on passenger and freight transport, catering to both individual travelers and commercial entities.
YTD Price Performance: 0.45%
Average Trading Volume: 2,632
Technical Sentiment Signal: Sell
Current Market Cap: £704.5M
See more insights into ICGC stock on TipRanks’ Stock Analysis page.