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TP ICAP Executes Share Buyback on London Stock Exchange

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TP ICAP Executes Share Buyback on London Stock Exchange

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

TP ICAP Group plc has announced the purchase of 200,261 of its own shares on the London Stock Exchange, to be held in treasury. This move is part of the company’s Share Buyback Programme, which aims to manage its capital structure and enhance shareholder value. Following this transaction, the company’s total voting rights stand at 750,593,360 shares, which may impact shareholder calculations under the Disclosure Guidance and Transparency Rules.

More about TP ICap

TP ICAP Group plc operates in the financial services industry, primarily providing interdealer brokerage services. The company focuses on facilitating the trading of financial instruments, commodities, and other related products across global markets.

YTD Price Performance: 3.29%

Average Trading Volume: 1,690,985

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.97B

Find detailed analytics on TCAP stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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