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TP ICAP Executes Share Buyback on London Stock Exchange

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TP ICAP Executes Share Buyback on London Stock Exchange

TP ICap ( (GB:TCAP) ) just unveiled an announcement.

TP ICAP Group plc announced the purchase of 199,063 of its own shares on the London Stock Exchange, to be held in treasury. This transaction is part of the company’s ongoing Share Buyback Programme, which aims to manage the company’s capital structure and return value to shareholders. Following this purchase, the company’s total issued ordinary share capital consists of 795,390,932 shares, with 46,005,634 shares held in treasury, impacting the total voting rights available to shareholders.

More about TP ICap

TP ICAP Group plc operates in the financial services industry, primarily focusing on interdealer brokerage services. The company facilitates the trading of a wide range of financial products, including fixed income, equities, and commodities, serving a global client base of investment banks, hedge funds, and other financial institutions.

YTD Price Performance: 6.59%

Average Trading Volume: 1,793,983

Technical Sentiment Signal: Sell

Current Market Cap: £2.02B

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

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