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An update from Plus500 ( (GB:PLUS) ) is now available.
Plus500 has announced the acquisition of 16,760 of its own ordinary shares as part of its ongoing share buyback program. This move is aimed at holding them in treasury and adjusting the total voting rights, which now stands at 73,688,637. The share buyback is likely to impact the company’s market dynamics and shareholder value by altering the number of shares in circulation, potentially affecting the company’s stock price and investor perception.
More about Plus500
Plus500 is a global multi-asset fintech group that specializes in operating proprietary technology-based trading platforms.
YTD Price Performance: 5.24%
Average Trading Volume: 162,236
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.08B
See more data about PLUS stock on TipRanks’ Stock Analysis page.
