TP ICap (GB:TCAP) has released an update.
TP ICAP Group plc has strategically repurchased 70,000 of its own shares to be held in treasury, with transactions conducted through its broker Peel Hunt LLP on the London Stock Exchange at prices ranging from 208.5 to 209.5 pence per share. Post-purchase, the company’s issued share capital includes 795,390,932 ordinary shares, with 24,382,485 in treasury and the remaining shares constituting total voting rights. This move is part of the company’s Share Buyback Programme, a step that could signal confidence in the company’s financial health and potentially influence its stock performance.
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