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Plus500 ( (GB:PLUS) ) has shared an announcement.
Plus500 Ltd. has announced a transaction in its own shares as part of its share buyback programme, purchasing 39,299 ordinary shares to be held in treasury. This move reduces the number of shares in circulation, potentially increasing the value for existing shareholders and underlining Plus500’s commitment to managing its capital structure effectively. The resulting total voting rights in the company will be 74,036,047, which shareholders can use for interest calculations under the FCA’s rules.
More about Plus500
Plus500 is a global fintech group that operates proprietary technology-based trading platforms, offering multi-asset trading services. The company is focused on providing its services through innovative technology to a diverse market.
YTD Price Performance: -1.40%
Average Trading Volume: 163,794
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.95B
For detailed information about PLUS stock, go to TipRanks’ Stock Analysis page.