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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.