IP Group plc (GB:IPO) has released an update.
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IP Group plc has repurchased 615,000 of its own shares on the London Stock Exchange as part of its ongoing share buyback program. This move, aimed at reducing the number of shares in circulation, reflects the company’s strategy to enhance shareholder value. Following this transaction, IP Group now has 987,982,871 ordinary shares in issue.
For further insights into GB:IPO stock, check out TipRanks’ Stock Analysis page.
