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TP ICAP Executes Share Buyback to Bolster Capital
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TP ICAP Executes Share Buyback to Bolster Capital

TP ICap (GB:TCAP) has released an update.

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TP ICAP Group PLC has announced the buyback of 40,000 of its own shares at a uniform price of 239.00 pence per share, to be held in treasury, impacting the company’s total voting rights and share capital structure. This move is part of the company’s Share Buyback Programme and may affect shareholder notifications under the Financial Conduct Authority’s rules. The transaction was executed on the London Stock Exchange and is intended to manage the firm’s capital efficiently.

For further insights into GB:TCAP stock, check out TipRanks’ Stock Analysis page.

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