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Plus500 Executes Share Buyback, Adjusts Voting Rights

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Plus500 Executes Share Buyback, Adjusts Voting Rights

Plus500 ( (GB:PLUS) ) has issued an update.

Plus500 has announced the purchase of 22,775 of its ordinary shares as part of its ongoing share buyback programme. The repurchased shares will be held in treasury, and this transaction affects the total voting rights, which now stand at 73,059,262. This move is part of Plus500’s strategy to manage its capital structure and could have implications for shareholder value and market perception.

More about Plus500

Plus500 is a global multi-asset fintech group that operates proprietary technology-based trading platforms, focusing on providing trading services across various financial instruments.

YTD Price Performance: 1.07%

Average Trading Volume: 202,653

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.96B

See more insights into PLUS stock on TipRanks’ Stock Analysis page.

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