Plus500 Executes Share Buyback Program

An update from Plus500 ( (GB:PLUS) ) is now available.

Plus500 Ltd. has executed a share buyback program, purchasing 16,675 of its ordinary shares at prices ranging from 3,402.00 GBp to 3,430.00 GBp. The repurchased shares will be held in treasury, leaving 71,805,193 ordinary shares in issue and impacting the total voting rights available to shareholders.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £28.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Spark’s Take on GB:PLUS Stock

According to Spark, TipRanks’ AI Analyst, GB:PLUS is a Outperform.

Plus500’s strong financial performance, attractive valuation, and strategic corporate actions, such as share buybacks and market expansion, contribute significantly to its high stock score. While technical indicators show moderate bullish momentum, the company’s strategic initiatives and solid financial foundation position it well in the market.

To see Spark’s full report on GB:PLUS stock, click here.

More about Plus500

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

Average Trading Volume: 156,352

Technical Sentiment Signal: Buy

Current Market Cap: £2.45B

Learn more about PLUS stock on TipRanks’ Stock Analysis page.