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TP ICAP Executes Strategic Share Buyback

TP ICAP Executes Strategic Share Buyback

TP ICap (GB:TCAP) has released an update.

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TP ICAP Group PLC has strategically repurchased 70,000 of its own shares on the London Stock Exchange, with individual transaction prices ranging from 215.5 to 223.5 pence, resulting in a volume-weighted average price of 219.7 pence per share. These shares are now held in treasury, and following this buyback, the company’s total issued share capital is 795,390,932 ordinary shares. The move affects the total voting rights, which now stand at 772,763,447 shares, potentially impacting shareholder notifications under the Disclosure and Transparency Rules.

For further insights into GB:TCAP stock, check out TipRanks’ Stock Analysis page.

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