Plus500 launches new $60m share buyback programme

16th Aug 2023 08:06

(Sharecast News) - Contracts-for-difference trading platform Plus500 announced the terms of its new $60m share buyback programme on Wednesday, immediately on the back of the completion of its $70m repurchase.

The FTSE 250 company said it was planning to buy back shares worth up to $60m, with a cap of 8,032,980 shares.

It said the buybacks would take place as open market transactions, adding that all repurchased shares under the programme would be retained in treasury.

Reporting by Josh White for Sharecast.com.

Top Risers

Share	Price	Change
Sondrel Plc (SND)	6.60	0%
Regtech Open (RTOP)	2.275	0%
R&Q Insurance (RQIH)	2.05	0%
Kore Potash (KP2)	0.625	0%
Iqgeo (IQG)	470.00	0%

Top Fallers

Share	Price	Change
Genedrive (GDR)	2.00	0%
Borders & Sth. (BOR)	2.18	0%
Petrel Resources (PET)	1.75	0%
On The Beach (OTB)	143.40	0%
Zenova Grp (ZED)	1.80	0%

Top By Volume

Share	Price	Volume
Supply@me Cap (SYME)	0.0245	0
Vodafone (VOD)	73.28	0
Lloyds (LLOY)	54.54	0
Kefi Gold (KEFI)	0.72	0
Baron Oil (BOIL)	0.0675	0

All prices are delayed by at least 15 minutes. Share Compare cannot be held responsible for the accuracy of share prices shown on this website, and investors should be aware that share prices can go down as well as up. Share Compare does not offer advice, and is not regulated by the Financial Conduct Authority.