GCP Infra Extends Share Buyback, Lifts Treasury Holdings
GCP Infrastructure Investments Limited has extended its share buyback program, repurchasing 373,520 shares at an average price of 74.55 pence. This buyback is part of its capital management strategy, with a total of 36,433,950 shares bought back since December 2024. The company now has 884,797,669 shares in issue, with 53,418,969 held in treasury. Analysts rate the stock as a Buy with a £90.00 price target, citing strong balance-sheet conservatism and improving cash generation, despite some revenue inconsistencies.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments