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Alpha Group International Enhances Capital Management with Share Buyback

Story Highlights
  • Alpha Group International specializes in FX risk management, global accounts, and mass payments.
  • The company purchased 10,000 shares for treasury, affecting voting rights to 42,020,412.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Alpha Group International Enhances Capital Management with Share Buyback

An announcement from Alpha FX ( (GB:ALPH) ) is now available.

Alpha Group International plc announced the purchase of 10,000 of its own ordinary shares as part of its ongoing share buyback programme, aiming to hold these shares in treasury. This transaction, executed through Panmure Liberum Limited, reflects the company’s commitment to manage its capital structure actively and may impact shareholder voting rights calculations, as the total number of voting rights will be 42,020,412.

More about Alpha FX

Alpha Group International plc is a high-tech, high-touch provider of enhanced financial solutions, primarily serving corporates and institutions with operations across more than 50 countries. The company focuses on three main areas: FX risk management, global accounts, and mass payments. With a team of over 400 people across seven global offices, Alpha combines human expertise with technological advancements to address complex problems, maintaining operational agility and client focus since its inception in 2009.

YTD Price Performance: 8.12%

Average Trading Volume: 164,787

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.06B

Find detailed analytics on ALPH stock on TipRanks’ Stock Analysis page.

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