tiprankstipranks
Trending News
More News >

Plus500 Executes Share Buyback to Optimize Capital Structure

Story Highlights
Plus500 Executes Share Buyback to Optimize Capital Structure

Plus500 ( (GB:PLUS) ) just unveiled an announcement.

Plus500 Ltd. has announced the purchase of 74,682 of its ordinary shares as part of its share buyback program. This move, executed through Panmure Liberum Limited, is part of the company’s strategy to manage its capital structure and potentially increase shareholder value by holding these shares in treasury, impacting the total voting rights and shareholding 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 financial instruments and markets.

YTD Price Performance: 0.31%

Average Trading Volume: 196,548

Technical Sentiment Signal: Strong Sell

Current Market Cap: £1.91B

See more data about PLUS stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App