IP Group plc (GB:IPO) has released an update.
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IP Group plc has repurchased 325,000 of its ordinary shares on the London Stock Exchange as part of its ongoing share buyback program. The shares were bought at prices ranging from 43.75 to 45.25 pence each, with a volume weighted average price of 44.7888 pence. This move aims to reduce the number of shares in circulation, potentially enhancing shareholder value.
For further insights into GB:IPO stock, check out TipRanks’ Stock Analysis page.
