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TP ICap ( (GB:TCAP) ) has shared an update.
TP ICAP Group PLC announced the repurchase of 353,530 of its shares, which will be held in treasury, as part of its ongoing Share Buyback Programme. This transaction, conducted through Peel Hunt LLP, reflects the company’s effort to manage its capital structure and potentially enhance shareholder value. The repurchase impacts the company’s total voting rights, which now stand at 757,053,703 shares, and underscores its commitment to adhering to regulatory requirements under the Disclosure Guidance and Transparency Rules.
More about TP ICap
TP ICAP Group PLC operates within the financial services industry, primarily functioning as an inter-dealer broker. The company specializes in providing intermediary services to wholesale market participants, facilitating the trading of a range of financial products, including rates, FX, commodities, and equities, with a focus on enhancing market efficiency and transparency.
YTD Price Performance: 40.96%
Average Trading Volume: 2,038,613
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.93B
See more insights into TCAP stock on TipRanks’ Stock Analysis page.
