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ICG Enterprise Trust Repurchases Own Shares
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Overview
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ICG Enterprise Trust plc bought back 10,000 of its own shares at an average price of 1206 pence per share, under a shareholder authority with a maximum allowance of 14.99% of its ordinary shares.
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How might the buyback impact the stock price and shareholder value?
In what ways do buybacks affect the overall stability and liquidity of the stock market?
What factors influence the decision to repurchase own shares, and how do they affect the company's financial position?
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