TP ICap (GB:TCAP) has released an update.
TP ICAP Group PLC has reinforced its financial position by purchasing 70,000 of its own shares to hold in treasury, with transactions executed through its broker Peel Hunt LLP on the London Stock Exchange at prices ranging from 206.5p to 208.5p per share. Following the buyback, the company’s issued share capital is at 795,390,932 shares, with 21,484,094 of those held in treasury, leaving 773,906,838 shares as the total voting rights. This proactive move may interest shareholders and investors as the company adjusts its capital structure and potentially improves earnings per share.
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