IP Group plc (GB:IPO) has released an update.
IP Group plc has executed a share repurchase on April 22, 2024, as part of its ongoing buyback program announced in December 2023, buying back 50,138 ordinary shares at a volume weighted average price of 47.6916 pence each. Following the transaction, the company now holds over 35 million shares in treasury, impacting the total number of voting rights available to shareholders. The company plans to continue the buyback program, with further updates to be announced.
For further insights into GB:IPO stock, check out TipRanks’ Stock Analysis page.
