IP Group plc (GB:IPO) has released an update.
IP Group plc has executed a share buyback, purchasing 55,312 of its own shares on April 17, 2024, at prices ranging from 46.00 to 46.45 pence per share, as part of an ongoing buyback program initiated in December 2023. These shares will be held in treasury, which after the transaction brings the total held to 35,337,351 shares, with 1,027,850,654 shares remaining with voting rights. The company has indicated that further buyback transactions will be announced as they occur.
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