TP ICap ( (GB:TCAP) ) has provided an update.
TP ICAP Group plc announced the repurchase of 55,000 of its shares on the London Stock Exchange, with prices ranging from 246.00 to 248.00 pence per share. This transaction is part of the company’s ongoing Share Buyback Programme, which aims to manage its capital structure and return value to shareholders. Following this purchase, the company holds 37,351,930 shares in treasury, impacting the total voting rights available to shareholders.
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 financial instruments and commodities, providing a range of services including market data and analytics, post-trade services, and risk management solutions.
YTD Price Performance: -9.30%
Average Trading Volume: 1,819,065
Technical Sentiment Signal: Sell
Current Market Cap: £1.75B
For a thorough assessment of TCAP stock, go to TipRanks’ Stock Analysis page.