--- title: "ICG Executes Share Buyback to Support Amundi Partnership" type: "News" locale: "en" url: "https://longbridge.com/en/news/281066536.md" description: "ICG plc has executed a share buyback, repurchasing 316,069 ordinary shares on the London Stock Exchange as part of its ongoing program. The shares were bought at an average price of 1,493 pence and will be held in treasury for cancellation. This buyback supports ICG's partnership with Amundi by allowing the issuance of Non-Voting Shares without diluting existing shareholders. Following the buyback, ICG has 294,373,624 ordinary shares in issue. Analysts rate ICG stock as a Hold with a price target of £1621.00, citing solid financial results but weak technicals." datetime: "2026-03-30T18:50:50.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281066536.md) - [en](https://longbridge.com/en/news/281066536.md) - [zh-HK](https://longbridge.com/zh-HK/news/281066536.md) --- # ICG Executes Share Buyback to Support Amundi Partnership ### End of Quarter Sale - 50% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks An announcement from ICG plc ( (GB:ICG) ) is now available. ICG plc has repurchased 316,069 ordinary shares on the London Stock Exchange between 23 and 24 March 2026 as part of its ongoing share buyback programme conducted through Merrill Lynch International. The shares, bought at a volume-weighted average price of about 1,493 pence, will be held in treasury and cancelled in tranches at least twice a year. The buyback is designed to support ICG’s strategic partnership with Amundi by enabling the issuance of Non-Voting Shares to the French asset manager on a non‑dilutive basis for existing shareholders. Following these transactions, ICG has 294,373,624 ordinary shares in issue, alongside treasury shares and a small number of non‑voting shares, underscoring the company’s use of capital management to facilitate strategic distribution alliances. The most recent analyst rating on (GB:ICG) stock is a Hold with a £1621.00 price target. To see the full list of analyst forecasts on ICG plc stock, see the GB:ICG Stock Forecast page. **Spark’s Take on ICG Stock** According to Spark, TipRanks’ AI Analyst, ICG is a Neutral. The score is anchored by solid underlying financial results and a constructive earnings-call outlook, supported by an attractive P/E and dividend yield. These positives are meaningfully offset by weak technicals (price below key moving averages and strongly negative momentum) and cash flow deterioration highlighted in the financial statement analysis. To see Spark’s full report on ICG stock, click here. **More about ICG plc** ICG plc is an alternative asset manager focused on private debt, credit and equity-like investments, with its shares listed on the London Stock Exchange. The firm structures capital solutions for corporates and investors, and has been expanding its distribution and product reach through partnerships with global asset management groups. **Average Trading Volume:** 1,379,186 **Technical Sentiment Signal:** Hold **Current Market Cap:** £4.19B See more data about ICG stock on TipRanks’ Stock Analysis page. ### Related Stocks - [IWG.UK](https://longbridge.com/en/quote/IWG.UK.md) - [ICP.UK](https://longbridge.com/en/quote/ICP.UK.md) - [IGG.UK](https://longbridge.com/en/quote/IGG.UK.md) ## Related News & Research - [TradFi giant IG to expand crypto trading across Europe through Bitpanda](https://longbridge.com/en/news/287192488.md) - [ICG Updates Share Capital and Total Voting Rights](https://longbridge.com/en/news/284871393.md) - [ICG Enterprise Trust Repurchases Shares for Treasury Under Ongoing Buyback Programme](https://longbridge.com/en/news/286866204.md) - [ICG Enterprise Trust Continues Share Buybacks to Manage Capital Base](https://longbridge.com/en/news/283307175.md) - [IG Group Expands Treasury Stock with Latest Share Buybacks](https://longbridge.com/en/news/285181888.md)