Dividends & buybacks

ICG Enterprise Trust (ICGT) returns capital to shareholders through a combination of dividends and share buybacks.

ICGT is able to realise (sell or exit) investments in businesses within its portfolio without liability to corporation tax on gains.

This tax status limits the income ICGT can retain to 15% of its income in any accounting period. Any income beyond this level is either declared as dividends or used to fund share buybacks.

The Board reviews the dividend and buyback policy regularly, and more information on our approach to capital allocation can be found within our Annual Report.

As an investment trust listed on the London Stock Exchange, ICG Enterprise Trust (ICGT) has an advantageous tax status aimed at encouraging savings and investments.

Capital return to shareholders