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TP ICAP Executes Share Buyback to Bolster Treasury
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TP ICAP Executes Share Buyback to Bolster Treasury

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

TP ICAP Group PLC has strengthened its treasury by purchasing 50,000 of its own shares on the London Stock Exchange, each at a price of 206.5 pence. This buyback leaves the company with 795,390,932 total issued shares, with 25,391,263 held in treasury, and the remaining 769,999,669 shares representing the total voting rights. The move is part of a Share Buyback Programme aimed at enhancing shareholder value and may affect shareholders’ notification requirements under financial authority rules.

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

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