IP Group plc (GB:IPO) has released an update.
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IP Group plc has actively purchased 126,484 of its own ordinary shares as part of an ongoing share buyback program, with prices ranging from 48.45 to 49.50 GBp per share, averaging at 48.7609 GBp. These repurchased shares will be cancelled, reducing the total number of voting shares to 995,621,812. The company plans to continue the buyback program and will announce further purchases in due course.
For further insights into GB:IPO stock, check out TipRanks’ Stock Analysis page.
