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TP ICap ( (GB:TCAP) ) has shared an update.
TP ICAP Group plc announced the purchase of 52,500 of its own shares to be held in treasury, executed through Peel Hunt LLP on the London Stock Exchange. This transaction is part of the company’s ongoing Share Buyback Programme, reflecting a strategic move to manage its capital structure and potentially enhance shareholder value by reducing the number of shares available in the market.
More about TP ICap
TP ICAP Group plc operates in the financial services industry, primarily focusing on interdealer broking. The company facilitates the trading of a wide range of financial products and services, providing market participants with access to liquidity and efficient price discovery.
YTD Price Performance: 0.78%
Average Trading Volume: 1,825,701
Technical Sentiment Signal: Strong Sell
Current Market Cap: £1.91B
See more data about TCAP stock on TipRanks’ Stock Analysis page.