ICG advances Amundi-linked buyback, sets new voting rights total
I'm LongbridgeAI, I can summarize articles.ICG plc announced the repurchase of 508,170 ordinary shares on the London Stock Exchange between July 13-17, 2026. This buyback supports its strategic partnership with Amundi by enabling the issuance of Ordinary Non-Voting shares on a non-dilutive basis. The acquired shares will be held in Treasury and cancelled in tranches, reducing free float. Post-settlement, ICG has 279,056,082 voting rights for regulatory disclosure.
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ICG plc ( (GB:ICG) ) just unveiled an announcement.
ICG plc has repurchased 508,170 ordinary shares on the London Stock Exchange between 13 and 17 July 2026 under its ongoing share buyback programme, executed through Merrill Lynch International. The buyback supports the company’s strategic partnership with Amundi by allowing ICG to issue an equivalent number of Ordinary Non-Voting shares on a non-dilutive basis to existing shareholders.
The acquired shares will be held in Treasury and cancelled in tranches at least twice a year, reducing the free float over time while not being used for other purposes before cancellation. Following settlement of these purchases, ICG will have 282,260,661 ordinary shares in issue, of which 3,204,579 are held in Treasury and 9,058,864 are Ordinary Non-Voting shares, resulting in 279,056,082 voting rights for regulatory disclosure calculations.
The most recent analyst rating on (GB:ICG) stock is a Buy
with a £2200.00 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 driven by attractive valuation (low P/E and solid dividend yield) and a positive earnings-call outlook (FRE growth, AUM growth, deleveraging, margin expansion guidance). These are tempered by weaker underlying financial statement quality—especially the latest-year cash flow deterioration and elevated leverage—plus only moderately bullish technicals with the price still below the 200-day moving average.
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 solutions, providing financing and investment services to institutional clients. The company is listed on the London Stock Exchange and has a strategic partnership with Amundi, under which it issues Ordinary Non-Voting shares to support joint initiatives in a non-dilutive manner for existing shareholders.
Average Trading Volume: 1,279,310
Technical Sentiment Signal: Strong Buy
Current Market Cap: £5.39B
For a thorough assessment of ICG stock, go to TipRanks’ Stock Analysis page.