tiprankstipranks

TP ICAP Executes Share Buyback on London Stock Exchange

Story Highlights
TP ICAP Executes Share Buyback on London Stock Exchange

TP ICap ( (GB:TCAP) ) has provided an announcement.

TP ICAP Group plc, a leading interdealer broker, announced the repurchase of 94,990 of its own shares, which will be held in treasury. The transaction was conducted through Peel Hunt LLP on the London Stock Exchange at a volume-weighted average price of 270.82 pence per share. This buyback is part of the company’s strategy to manage its capital structure and may impact shareholder voting rights and interest notifications.

More about TP ICap

YTD Price Performance: 5.23%

Average Trading Volume: 1,763,274

Technical Sentiment Signal: Sell

Current Market Cap: £2.01B

See more data about TCAP 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