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IP Group Advances Share Buyback Program

IP Group Advances Share Buyback Program

IP Group plc (GB:IPO) has released an update.

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IP Group plc has actively engaged in its share buyback program, purchasing 106,589 ordinary shares at prices ranging from 49.30 to 50.00 GBp. Following the transaction, the total number of ordinary shares in issue with voting rights is reduced to 995,110,366 as the repurchased shares will be cancelled. The company confirms further announcements will follow regarding additional share buybacks under the current program.

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

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