TP ICAP buys back 3.5m shares, updates voting rights

TP ICap ( (GB:TCAP) ) just unveiled an update.

TP ICAP Group has repurchased a total of 3,464,948 of its 25p ordinary shares on the London Stock Exchange between 20 and 24 April 2026, at volume-weighted average prices ranging from about 307p to 311p per share, with Peel Hunt acting as its broker. Following these buybacks, TP ICAP’s issued share capital stands at 795,390,932 ordinary shares, of which 63,035,350 are held in treasury and 732,355,582 now constitute the company’s total voting rights, information that is key for investors monitoring significant holdings under UK disclosure rules.

Spark’s Take on TCAP Stock

According to Spark, TipRanks’ AI Analyst, TCAP is a Outperform.

The score is driven primarily by improved financial performance (stronger profitability and reasonable leverage) and an attractive valuation (low P/E and high dividend yield). Technicals also support the view, with the price above key moving averages and positive momentum, while margin/cash-flow variability tempers the overall rating.

To see Spark’s full report on TCAP stock, click here.

More about TP ICap

TP ICAP Group plc is a London-listed interdealer broker operating in global financial markets. The company facilitates trading in a range of asset classes for institutional clients, providing liquidity, price discovery and related market infrastructure services across rates, credit, equities, energy and commodities.

Average Trading Volume: 3,741,452

Technical Sentiment Signal: Buy

Current Market Cap: £2.21B

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