IP Group plc (GB:IPO) has released an update.
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IP Group plc has repurchased 335,000 of its own shares as part of an ongoing buyback program, aiming to decrease the number of shares in circulation. The shares were purchased at prices ranging from 44.50 to 45.45 pence, with a volume weighted average price of 44.9983 pence. This move reduces the company’s total shares with voting rights to approximately 989.9 million.
For further insights into GB:IPO stock, check out TipRanks’ Stock Analysis page.
