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IP Group plc ( (GB:IPO) ) has shared an update.
IP Group plc, a company listed on the London Stock Exchange, announced a share buyback transaction involving the purchase of 173,672 ordinary shares. These shares were purchased through Deutsche Numis as part of an ongoing buyback program aimed at reducing the number of shares in circulation, thereby potentially increasing shareholder value. Following this transaction, IP Group now has 979,705,906 ordinary shares in issue with voting rights, and this adjustment may impact shareholder calculations regarding their interest in the company as per FCA guidelines.
More about IP Group plc
YTD Price Performance: -14.03%
Average Trading Volume: 3,260,207
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £489.5M
For an in-depth examination of IPO stock, go to TipRanks’ Stock Analysis page.
