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Allfunds Group Completes €50 Million Share Buyback

Allfunds Group Completes €50 Million Share Buyback

Allfunds Group plc (DE:6UY) has released an update.

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Allfunds Group plc has completed its share buyback program, repurchasing a total of 9,433,446 shares at an average price of €5.44, reaching the maximum value of €50 million set for the second tranche. The repurchased shares are to be cancelled, resulting in a reduction of the share capital to €1,526,555.65. The program was conducted in compliance with market regulations and detailed transaction information is available on the company’s investor website.

For further insights into DE:6UY stock, check out TipRanks’ Stock Analysis page.

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