Plus500 Advances Share Buyback Program with Latest Purchase

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Plus500 ( (GB:PLUS) ) has provided an announcement.

Plus500 announced the purchase of 26,400 of its own ordinary shares as part of its ongoing share buyback program. The repurchase of shares is aimed at consolidating the company’s control over its equity and potentially increasing shareholder value, resulting in 73,176,872 total voting rights post-transaction.

More about Plus500

Plus500 is a global multi-asset fintech group that operates proprietary technology-based trading platforms. The company is focused on providing financial trading services and products across various markets.

YTD Price Performance: 69.70%

Average Trading Volume: 152,756

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.92B

For a thorough assessment of PLUS stock, go to TipRanks’ Stock Analysis page.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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