Ecofin Further Bolsters Treasury with Repurchase of 48,000 Ordinary Shares
The trusted Ecofin Global Utilities and Infrastructure Trust has recently seized an opportunity to bolster its treasury. Over the course of a week, the firm went on a share purchasing spree, acquiring 48,000 of its ordinary shares. This uplifting strategic move, made in accordance with Listing Rule 9.6.6, adds credence to its financial prowess and mirrors a burgeoning industry trend to boost fiscal weight through repurchases. The trust announced these transactions on the 28th of March and the 4th of April 2025. The range of prices paid per share varied, showcasing a meticulous approach to the investment.
Evidently, the dedication exhibited by Ecofin to maintain a healthy treasury is a testament to its robust financial strategy. As we watch this trust’s progress with keen anticipation, one fact remains clear: shareholder interests are expertly intertwined with the company’s strides towards success.
- •Transaction in Own Shares investegate.co.uk28-03-2025
- •Transaction in Own Shares investegate.co.uk04-04-2025