IP Group Advances Share Buyback Program

IP Group plc (GB:IPO) has released an update.

IP Group plc has executed a share buyback, purchasing 78,573 ordinary shares at prices ranging from 54.30 to 54.80 GBp, with a volume weighted average price of 54.5309 GBp, as part of their ongoing buyback program announced in December 2023. The shares bought back will be held in treasury, which after the transaction results in 1,029,457,373 ordinary shares with voting rights in circulation. Further announcements are expected as the buyback program continues.

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

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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