What changed

ICG Enterprise Trust plc bought back 57,609 shares through Numis Securities Limited at an average price of 1,396 pence.

After the transaction, the trust said it held 3,327,560 treasury shares and had 60,226,632 shares excluding treasury.

Highlights

  • ICG Enterprise Trust plc bought back 57,609 shares.
  • The company said it had 3,327,560 treasury shares after the transaction.
  • Its stated authority allows purchases up to 14.99% of ordinary shares.

What to note

The trust said shareholder authority covers purchases up to 14.99% of ordinary shares, so that limit is part of the current buyback backdrop.

For retail investors watching broker activity and market structure, the main numbers here are the repurchase size, the post-deal treasury balance and the average price paid.