Alpha Group Executes Share Buyback to Boost Shareholder Value

Alpha FX ( (GB:ALPH) ) has provided an update.

Alpha Group International plc announced the acquisition of 10,000 of its own shares at a price of 2,275 pence each, as part of its ongoing share buyback programme. The repurchased shares will be held in treasury, resulting in a total of 42,101,723 voting rights for the company. This strategic move is part of Alpha’s efforts to manage its share capital effectively and enhance shareholder value.

More about Alpha FX

Alpha Group International plc is a high-tech provider of financial solutions, focusing on FX risk management, global accounts, and mass payments for corporates and institutions worldwide. The company combines human expertise with innovative technologies to address complex financial challenges, operating across more than 50 countries with a workforce of over 400 people. Despite being an established entity listed on the London Stock Exchange, Alpha maintains its operational agility and client-centric focus, which has driven its growth since its inception in 2009.

YTD Price Performance: -3.85%

Average Trading Volume: 109,626

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £968.6M

For detailed information about ALPH stock, go to TipRanks’ Stock Analysis page.