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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 update.

TP ICAP Group plc has announced the repurchase of 311,259 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 program, which aims to manage its capital structure and return value to shareholders. Following this purchase, the company’s total voting rights stand at 750,282,101 shares, which may influence shareholder calculations under the Disclosure Guidance and Transparency Rules.

More about TP ICap

TP ICAP Group plc operates in the financial services industry, providing market infrastructure and data solutions. It is known for its interdealer brokerage services, facilitating transactions across various asset classes including fixed income, equities, and commodities.

YTD Price Performance: 3.29%

Average Trading Volume: 1,690,985

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.97B

Find detailed analytics on TCAP stock on TipRanks’ Stock Analysis page.

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