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TP ICAP Executes Strategic Share Buyback

TP ICAP Executes Strategic Share Buyback

TP ICap (GB:TCAP) has released an update.

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TP ICAP Group PLC has announced the repurchase of 70,000 of its own shares to be held in treasury, executed through their broker Peel Hunt LLP on the London Stock Exchange at prices ranging from 215.0 to 215.6 pence per share. This move results in the company’s issued share capital comprising approximately 795.4 million shares, with 22.7 million held in treasury, affecting the total voting rights available to shareholders. The transaction is part of the company’s Share Buyback Programme aimed at reducing the number of shares in circulation.

For further insights into GB:TCAP stock, check out TipRanks’ Stock Analysis page.

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