Understanding Foresight Group Holdings' Recent Share Buybacks
Foresight Group Holdings Limited, a prominent investment manager in real assets, recently made headlines with its new share buyback program. This initiative reflects the company's strategic approach to boosting shareholder value and ensuring sustainable growth in an ever-evolving market.
Highlights of the Share Buyback Program
Under the terms of the newly established share buyback program, Foresight, working with Berenberg, has purchased a total of 20,103 of its ordinary shares. This initiative is part of its broader effort to optimize capital structure and return value to shareholders.
The specific details of the transactions are as follows:
- Date of Purchase: 13 October 2025
- Total Shares Purchased: 20,103
- Lowest Price Paid: 461.50 GBp
- Highest Price Paid: 467.50 GBp
- Average Price Paid: 464.38 GBp
With these transactions finalized, the purchased shares will be held in treasury, which implies they will not carry any voting rights during that time. This approach is crucial as it allows the company to manage its share capital effectively while maximizing shareholder returns.
Current Status of Ordinary Shares
Currently, Foresight has issued a total of 116,347,803 ordinary shares, of which 114,855,340 possess voting rights. Meanwhile, 1,492,463 shares are held in treasury and are therefore non-voting. This information is vital for shareholders as it forms the basis for any interest notification in accordance with the regulations under FCA’s Disclosure Guidance and Transparency Rules.
Aggregate Information of Shares Bought Back
The following summarizes the aggregate data resulting from the share buyback program:
- Venue: LSE (London Stock Exchange)
- Volume-weighted Average Price: 464.38 GBp
- Aggregated Volume: 20,103 shares
Detailed Breakdown of Individual Transactions
Foresight's commitment to transparency shines through its detailed disclosure regarding individual transactions carried out during the buyback, showcasing every transaction carried out through Berenberg:
- 645 shares purchased at 462.00 GBp
- 189 shares purchased at 464.50 GBp
- 193 shares purchased at 464.00 GBp
- Further transactions detailing price points down to the hundredth of a penny...
This meticulous detail not only helps reinforce investor confidence but also aligns with Foresight's commitment to operational excellence and transparency.
Contact Information
For more inquiries, investors can reach out to:
Foresight Group Investors
Liz Scorer / Ben McGrory
+44 (0) 7966 966956 / +44 (0) 7443 821577
ir@foresightgroup.eu
About Foresight Group Holdings
Since its inception in 1984, Foresight Group has established itself as a leader in real asset investments, actively engaging in fostering growth across sectors. This organization holds a pivotal role in navigating investors through exciting opportunities that align with global shifts, particularly in areas focused on energy transition and sustainability.
Foresight is committed to maximizing asset value while providing attractive returns via multiple investment channels ranging from private and public funds to tailored retail market solutions. Their ongoing dedication is to build robust, sustainable economies worldwide.
Frequently Asked Questions
What is the purpose of Foresight Group's share buyback?
The share buyback aims to enhance shareholder value and optimize the company's capital structure.
How many shares has Foresight Group repurchased?
Foresight Group has repurchased a total of 20,103 ordinary shares.
What are the price points associated with the recent share buyback?
The shares were purchased at prices ranging from 461.50 GBp to 467.50 GBp.
What happens to shares purchased during a buyback?
The purchased shares are held in treasury and do not carry voting rights until they are either cancelled or reissued.
How does this buyback affect current shareholders?
Shareholders can witness an increase in value per share as the total number of shares outstanding decreases, potentially enhancing demand.
