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Intercede Executes Share Buyback to Strengthen Market Position
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Intercede Executes Share Buyback to Strengthen Market Position

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Intercede ( (GB:IGP) ) has provided an update.

Intercede Group PLC, a leader in cybersecurity software focused on digital identities, has executed a share buyback, acquiring 7,241 ordinary shares at 163.41 pence each. This transaction aligns with their share buyback program announced in October 2024. The repurchased shares will be held in treasury, adjusting the total number of shares in issue to 58,830,857, with 360,573 held in treasury. This strategic move may impact shareholder calculations regarding their interests in the company under FCA regulations.

More about Intercede

Intercede is a cybersecurity software company specializing in digital identities. Its innovative solutions help organizations protect against data breaches caused by compromised user credentials. The company’s suite of products offers various security levels, including Secure Registration, ID Verification, Password Security Management, One-Time Passwords, FIDO, and PKI. Intercede is unique in providing a comprehensive set of authentication options, supporting customers in transitioning to passwordless and stronger authentication environments. For over 20 years, it has been trusted by global customers in sectors like government, aerospace and defense, financial services, healthcare, telecommunications, and IT.

YTD Price Performance: 76.34%

Average Trading Volume: 128,581

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £95.9M

See more data about IGP stock on TipRanks’ Stock Analysis page.

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