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The latest announcement is out from Plus500 ( (GB:PLUS) ).
Plus500 has announced the purchase of 26,860 of its ordinary shares as part of its ongoing share buyback program. This move is part of their strategy to manage capital and return value to shareholders, reducing the number of shares in circulation and potentially increasing earnings per share. The company now holds a significant number of shares in treasury, which impacts voting rights and shareholder calculations.
More about Plus500
Plus500 is a global multi-asset fintech group that operates proprietary technology-based trading platforms. The company focuses on providing trading services across various asset classes, leveraging advanced technology to cater to a wide range of market participants.
YTD Price Performance: 66.86%
Average Trading Volume: 154,169
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.89B
For a thorough assessment of PLUS stock, go to TipRanks’ Stock Analysis page.
