IP Group plc (GB:IPO) has released an update.
IP Group plc has actively executed its share buyback program by purchasing 650,000 ordinary shares at a volume-weighted average price of 44.4810 pence per share. The shares were acquired through the London Stock Exchange and are now held as treasury shares, with the group’s total number of ordinary shares in issue being 1,063,188,005, including those held in treasury. Investors are informed that IP Group will continue to make announcements regarding any further buybacks under the current program.
For further insights into GB:IPO stock, check out TipRanks’ Stock Analysis page.