Foresight Group's Share Buyback Program
Foresight Group Holdings Limited, a notable investment manager focusing on real assets and facilitating capital for growth, recently made headlines with its share buyback initiative. This program, which began on a previously announced date, marks a significant step in Foresight's strategy to enhance shareholder returns and reinforce investor confidence in the company.
Details of the Recent Transactions
On June 12, 2025, the Group executed the purchase of ordinary shares via Berenberg, a respected broker in the sector. A total of 15,000 ordinary shares were acquired, demonstrating Foresight's commitment to maintaining a healthy and responsive shareholder value strategy.
Transaction Highlights
The key aspects of this transaction include:
- Lowest Price Paid per Share: 398.00 GBp
- Highest Price Paid per Share: 401.00 GBp
- Volume Weighted Average Price: 399.913167 GBp
These figures reflect the company's intent to buy back shares at various price points, carefully balancing market conditions while maximizing value for its shareholders.
Holding in Treasury and Share Structure
All purchased shares are slated to be held in treasury, which means they shall have no voting rights while retained in this status. As part of the ongoing buyback program, a total of 785,814 ordinary shares have been successfully repurchased to date.
Voting Rights Impact
Post-buyback, Foresight's total ordinary shares issued amounts to 116,347,803, with 112,959,993 remaining with voting rights and 3,387,810 now held in treasury, thus non-voting. This balance will assist shareholders in understanding their voting interest related to the Group under regulatory frameworks.
Compliance with Regulations
Foresight's share transactions were performed in line with Article 5(1)(b) of the applicable UK regulation, which mandates transparent reporting of share buyback activities. As part of their compliance, detailed trading data by Berenberg for the buyback has been disclosed.
Summary of Trading Activities
The buyback transactions were conducted on the London Stock Exchange (LSE), emphasizing Foresight's proactive engagement with its investors while ensuring adherence to regulations. This transparency aims to foster trust and accountability among stakeholders.
A Commitment to Sustainable Growth
Foresight Group remains dedicated to supporting sectors of the economy that prioritize sustainability and growth. With a robust history of investing in real assets, they are paving the way towards a greener transition while enhancing economic opportunities for varied stakeholders.
By amalgamating financial expertise with operational strategies, Foresight aims to maximize asset value returns and diversify its portfolio to benefit investors consistently. Their commitment to sustainability and attractive investment opportunities underpins the group's vision for a prosperous future.
Contact Information
For further inquiries regarding this transaction or Foresight Group's considerable portfolio of investments, please reach out to:
Foresight Group Investors
Liz Scorer / Ben McGrory
Phone: +44 (0) 7966 966956 / +44 (0) 7443 821577
Berenberg (Joint Corporate Broker)
James Felix / John Welch / Dan Gee-Summons
Phone: +44 (0) 203 753 7800
About Foresight Group
Established in 1984, Foresight is a leading investment manager known for focusing on real assets and driving capital for growth across multiple international territories, including Europe and Australia. Through a diverse array of investment avenues, Foresight empowers stakeholders with access to value-driven investment opportunities, particularly in sectors aligned with sustainability and energy transitions.
Frequently Asked Questions
What is the purpose of Foresight Group's share buyback program?
The share buyback program aims to enhance shareholder value by reducing the number of shares in circulation, thereby increasing the worth of remaining shares.
How many shares has Foresight repurchased so far?
To date, a total of 785,814 ordinary shares have been repurchased under the current buyback program.
What impact does treasury stock have on voting rights?
Shares held in treasury do not confer voting rights, which affects the overall voting power available to active shareholders.
Who can investors contact for more information?
Investors can contact Liz Scorer or Ben McGrory for inquiries regarding the share transactions.
What is the overall mission of Foresight Group?
Foresight Group is committed to building a sustainable future through investments aimed at the energy transition and supporting companies with growth potential.
