GCP Infrastructure Makes Move in the Market, Repurchases 180,000 of Its Own Shares

GCP Infrastructure Investments Ltd has given shareholders something to think about. In an exciting move, the company repurchased 180,000 of its own ordinary shares. The shares were bought at a weighted average price of 71.62 pence per share and will subsequently be held in treasury. This follows a general authority granted by shareholders of the company at the annual general meeting on 13 February 2025 to make market purchases of its own ordinary shares. The transaction was carried out on May 2, 2025, bringing the total number of ordinary shares in issue by the company to 884,797,669. Among these, there are now 34,517,688 shares held in treasury. For reporting purposes under the FCA’s Disclosure Guidance and Transparency Rules, any shares held in treasury should be excluded. The figure of 850,279,981 voting rights should be used when determining notification requirements for interests in, or changes to interests in the company. GCP Infrastructure, a FTSE-250 constituent, is traded on the main market of the London Stock Exchange. Its primary objective is to provide shareholders with regular and long-term distributions while preserving capital over the long term. The company is recognised for its positive contribution to environmental outcomes, receiving the London Stock Exchange’s Green Economy Mark. The repurchase of shares by a company is a strategic financial move often aimed at reducing the number of shares in circulation and increasing the value of remaining shares. This new dynamic will surely catch the attention of keen market watchers and GCP Infra share owners alike.