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Plus500 to continue current share buyback programme
Plus500 said it was using the buyback, which follows the acquisition of $12.6m of its issued share capital announced on 17 August, to emphasise its confidence in the prospects of the group and reflect its "robust financial position".
Share purchases will take place in open market transactions and may be made from time to time depending on market conditions, share price, trading volume and other factors.
The company has appointed Liberum Capital to manage the new programme, which will run until 28 February 2022.
As of 0850 BST, Plus500 shares were down 2.11% at 1,299.50p.
Latest PLUS News
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23 Jan 2025 - Hedge funds ante-up big bets to kick off Trump's second term
21 Jan 2025 - Hedge funds ante-up big bets to kick off Trump's second term
21 Jan 2025 - IN BRIEF: Plus500 to join Stoxx Europe 600 index on Friday
16 Jan 2025 - London close: Stocks fall, pound weakens further on rising bond yields
13 Jan 2025 - Plus500 says 2024 revenue "meaningfully ahead of market expectations"
13 Jan 2025 - Q4 customer wins drive full-year beat at Plus500
13 Jan 2025 - UK dividends calendar - next 7 days
4 Nov 2024
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