ICG Enterprise Trust Continues Share Buybacks to Manage Capital Base
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ICG Enterprise Trust PLC has repurchased 100,000 shares at an average price of 1,360 pence, now holding 2,217,369 shares in treasury. This buyback, executed under existing shareholder authority, aims to manage its capital base while enhancing net asset value per share. The latest analyst rating for ICGT stock is a Buy with a £17.90 price target, although Spark's AI Analyst rates it as Neutral due to inconsistent cash generation. ICG Enterprise Trust focuses on private equity investments, seeking long-term capital growth.
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