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Alpha Group Executes Share Buyback to Optimize Capital Structure

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Alpha FX ( (GB:ALPH) ) just unveiled an announcement.

Alpha Group International plc has executed a share buyback as part of its ongoing program, purchasing 5,000 ordinary shares at a price of 2,250 pence each. The repurchased shares will be held in treasury, adjusting the total voting rights to 42,402,107. This move is part of Alpha’s strategy to manage its capital structure effectively, potentially impacting shareholder value and market perception.

More about Alpha FX

Alpha Group International plc is a high-tech, high-touch provider of enhanced financial solutions dedicated to corporates and institutions operating internationally. The company focuses on FX risk management, global accounts, and mass payments, serving clients across more than 50 countries. With over 400 employees in seven global offices, Alpha Group combines human expertise with new technologies to address complex financial challenges.

YTD Price Performance: -0.21%

Average Trading Volume: 256,435

Technical Sentiment Signal: Strong Sell

Current Market Cap: £933.1M

See more insights into ALPH stock on TipRanks’ Stock Analysis page.

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