IP Group plc (GB:IPO) has released an update.
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IP Group plc, a company listed on the London Stock Exchange, has actively purchased 430,000 of its own ordinary shares as a part of its ongoing share buyback program, which was publicized on December 18, 2023. The shares were bought at a volume weighted average price of 41.1993 GBp, and following this transaction, the company holds over 47 million shares in treasury. This buyback activity reflects the company’s commitment to managing its share capital, and further announcements are expected upon the completion of additional repurchases.
For further insights into GB:IPO stock, check out TipRanks’ Stock Analysis page.
