International Personal Finance (GB:IPF) has released an update.
International Personal Finance plc (IPF) has actively engaged in its share repurchase program, buying back 275,919 of its own shares for cancellation at a uniform price of 154.00 pence per share from Peel Hunt on the London Stock Exchange. This move, announced on July 31, 2024, will reduce the total number of ordinary shares in issue, subsequently affecting the total voting rights available to shareholders. The company’s decision to cancel the acquired shares is part of a strategy to manage its capital effectively.
For further insights into GB:IPF stock, check out TipRanks’ Stock Analysis page.