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TP ICAP Executes Share Buyback to Optimize Capital Structure
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TP ICAP Executes Share Buyback to Optimize Capital Structure

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The latest update is out from TP ICap ( (GB:TCAP) ).

TP ICAP Group PLC has completed a share buyback transaction, purchasing 311,214 of its own shares to be held in treasury. This move is part of its ongoing Share Buyback Programme aimed at optimizing its capital structure. Following this purchase, the company holds a total of 37,843,699 shares in treasury, with 757,547,233 shares remaining as the total voting rights.

More about TP ICap

TP ICAP Group PLC operates in the financial services industry, primarily offering interdealer brokerage services. The company’s main focus is on providing market infrastructure and facilitating trading activities across various financial markets.

YTD Price Performance: 41.51%

Average Trading Volume: 2,047,677

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.94B

See more insights into TCAP stock on TipRanks’ Stock Analysis page.

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