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TP ICap ( (GB:TCAP) ) just unveiled an update.
TP ICAP Group PLC has executed a share buyback programme, purchasing 40,000 of its own shares to be held in treasury. This transaction was conducted on the London Stock Exchange, with a volume-weighted average price of 257.63 pence per share. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares available on the open market.
More about TP ICap
TP ICAP Group PLC operates within the financial industry, primarily offering intermediary services for wholesale markets. The company’s services include brokering and information services, with a focus on facilitating transactions in financial, energy, and commodities markets.
YTD Price Performance: 42.33%
Average Trading Volume: 2,074,907
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.95B
Find detailed analytics on TCAP stock on TipRanks’ Stock Analysis page.
