Plus500 Executes Share Buyback Program

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Plus500 Executes Share Buyback Program

Plus500 ( (GB:PLUS) ) just unveiled an announcement.

Plus500 has executed a share buyback program, purchasing 20,400 of its ordinary shares at prices ranging from 2,780.00 GBp to 2,818.00 GBp. The repurchased shares will be held in treasury, reducing the total number of ordinary shares in issue to 72,744,971. This move may impact the company’s market positioning by potentially increasing shareholder value and altering voting rights.

More about Plus500

Plus500 is a global multi-asset fintech group that operates proprietary technology-based trading platforms.

YTD Price Performance: 7.50%

Average Trading Volume: 193,805

Technical Sentiment Signal: Strong Sell

Current Market Cap: £2.03B

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

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