IP Group plc (GB:IPO) has released an update.
IP Group plc, a company traded on the London Stock Exchange, has proceeded with its share buyback program by repurchasing 600,000 ordinary shares at prices ranging from 41.60 to 42.55 GBp per share. These shares will be held in treasury, which after the transaction leaves the company with a total of 61,177,117 treasury shares and 1,063,188,005 shares in issue overall. The buyback initiative is part of a strategy announced previously and further transactions will be disclosed in due course.
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