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TP ICAP Strengthens Treasury with Share Buyback
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TP ICAP Strengthens Treasury with Share Buyback

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

TP ICAP Group PLC, a leading brokerage firm, has strategically bolstered its treasury by purchasing 70,000 of its own shares at a price of 207.5 pence each on the London Stock Exchange. This buyback leaves the company with a total of 795,390,932 issued shares, and a reduced number of 771,078,447 shares providing voting rights to shareholders. The move is part of the company’s ongoing effort to manage its capital and provide shareholder value.

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

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