IP Group plc (GB:IPO) has released an update.
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IP Group plc has repurchased 115,668 of its own shares as part of an ongoing buyback program, with the highest price paid being 48.30 pence per share. This move reduces the total number of shares in circulation to 994,496,971, potentially impacting shareholder calculations under FCA regulations. The company plans to continue its buyback activities, which may influence its stock liquidity and market value.
For further insights into GB:IPO stock, check out TipRanks’ Stock Analysis page.
