IWG plc ( (GB:IWG) ) just unveiled an announcement.
IWG has repurchased £17.5 million of its £350 million convertible bonds due 2027 at a weighted average price of 96.5%, amounting to a total consideration of £16.89 million. This move reduces the outstanding principal amount of the bonds to £140.7 million, and the company may consider further repurchases based on market conditions, which could impact its financial flexibility and market positioning.
More about IWG plc
International Workplace Group plc (IWG) operates in the flexible workspace industry, providing office space solutions and services to businesses worldwide.
YTD Price Performance: 10.37%
Average Trading Volume: 2,169,952
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.77B
For detailed information about IWG stock, go to TipRanks’ Stock Analysis page.
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