IP Group Enhances Shareholder Value with Buyback Move

IP Group plc (GB:IPO) has released an update.

IP Group plc has repurchased 940,000 of its own shares on the London Stock Exchange as part of its ongoing share buyback program. The shares were bought at prices ranging from 43.20 to 44.00 pence, with a volume-weighted average price of 43.5408 pence. This move is intended to reduce the number of shares in circulation, potentially enhancing shareholder value.

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