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TP ICAP Group Advances Share Buyback
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TP ICAP Group Advances Share Buyback

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

TP ICAP Group PLC has actively bought back 70,000 of its own shares, with transactions ranging between 201.75 and 202 pence per share, as part of its Share Buyback Programme. This buyback activity resulted in the company holding over 24.5 million shares in treasury, while the total number of voting rights was confirmed at approximately 770.8 million. The repurchase reflects the firm’s capital allocation strategy and may signal confidence in the company’s financial health to investors.

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

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