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Plus500 Shares Rebounds from 14-Month Lows Following £101.3 Million Share Repurchase
Plus500 (LSE: PLUS), a publicly-listed trading company, has announced a significant purchase of more than 7,3 ordinary shares from Odey Asset Management LLP. The acquisition, costing approximately £101.3 million, represents roughly 8.2% of the company's issued share capital. This move aligns with Plus500's capital allocation and shareholder return policy, with the newly acquired shares being held in the company's treasury.Plus500 Bets on the 'Best Interest' of ShareholdersAccording to the regu...
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Posted: Jun 13 2023, 09:46
Author Name: financemagnates
Views: 110148