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An announcement from Alpha FX ( (GB:ALPH) ) is now available.
Alpha Group International plc has executed a share buyback, purchasing 10,000 ordinary shares at prices ranging from 2,490 to 2,500 pence each, as part of its ongoing programme. The repurchased shares will be held in treasury, leaving 42,030,412 shares in circulation, which will influence shareholder calculations regarding changes in interests under regulatory guidelines. This move reflects Alpha’s strategic financial management and potentially impacts shareholder value and market perception.
More about Alpha FX
Alpha Group International plc is a prominent provider of financial solutions serving corporates and institutions globally. The company offers expertise in FX risk management, global accounts, and mass payments across over 50 countries. Alpha emphasizes a high-tech and high-touch approach, blending human expertise with technology to address complex financial challenges. The company prides itself on its agile operations and client focus, characteristics it has maintained since its founding in 2009, supported by a dedicated team of over 400 people across seven international offices.
YTD Price Performance: 6.84%
Average Trading Volume: 155,392
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.05B
Learn more about ALPH stock on TipRanks’ Stock Analysis page.