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Plus500 ( (GB:PLUS) ) has provided an announcement.
Plus500 Ltd. has executed a share buyback program, purchasing 26,460 of its ordinary shares at prices ranging from 2,624.00 to 2,646.00 GBp, with a volume-weighted average price of 2,637.12 GBp. These shares will be held in treasury, adjusting the total number of voting rights to 73,150,412, which stakeholders can use for interest calculations under FCA rules. This buyback could enhance shareholder value by reducing the number of shares in circulation and potentially increasing earnings per share.
More about Plus500
Plus500 is a global multi-asset fintech group that operates proprietary technology-based trading platforms. The company focuses on providing financial trading services across various markets.
YTD Price Performance: 69.70%
Average Trading Volume: 152,756
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.92B
For an in-depth examination of PLUS stock, go to TipRanks’ Stock Analysis page.
