TP ICap ( (GB:TCAP) ) just unveiled an update.
TP ICAP Group PLC announced a buyback of 325,000 of its own shares on January 14, 2025, to be held in treasury, as part of its Share Buyback Programme. This transaction, executed at a price of 259 pence per share, reflects the company’s strategic initiative to manage its capital structure and possibly enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing earnings per share and the value of remaining shares.
More about TP ICap
TP ICAP Group PLC operates in the financial services industry, providing services such as broking and information services. The company is focused on facilitating transactions in the capital markets, serving a wide range of financial institutions and organizations.
YTD Price Performance: 0.19%
Average Trading Volume: 2,165,773
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.94B
Learn more about TCAP stock on TipRanks’ Stock Analysis page.