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An update from TP ICap ( (GB:TCAP) ) is now available.
TP ICAP Group plc has announced the purchase of 424,916 of its own shares to be held in treasury, executed through Peel Hunt LLP on the London Stock Exchange. This transaction is part of the company’s Share Buyback Programme, aimed at reducing the number of outstanding shares and potentially increasing the value of remaining shares, thereby impacting shareholder interest and the company’s market positioning.
More about TP ICap
TP ICAP Group plc operates in the financial services industry, providing interdealer brokerage services. The company focuses on offering price discovery, execution, and data and analytics services to a broad range of clients including investment banks, asset managers, and hedge funds.
YTD Price Performance: -0.78%
Average Trading Volume: 2,113,475
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.94B
Find detailed analytics on TCAP stock on TipRanks’ Stock Analysis page.
