tiprankstipranks
IP Group Announces 380,000 Share Buyback
Company Announcements

IP Group Announces 380,000 Share Buyback

Story Highlights

Invest with Confidence:

An announcement from IP Group plc ( (GB:IPO) ) is now available.

IP Group plc, listed on the London Stock Exchange, has announced a share buyback transaction, purchasing 380,000 ordinary shares through Deutsche Numis. The shares, bought at a volume-weighted average price of 51.6084 pence, will be canceled to reduce the total number of shares in issue, affecting shareholding calculations under the FCA’s rules.

More about IP Group plc

YTD Price Performance: -6.49%

Average Trading Volume: 3,377,396

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £495.5M

For a thorough assessment of IPO stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App