Tag: Dutch auction

gain capital forex.com share buyback
October 09, 2018 BY LeapRate Staff

GAIN Capital buying back $50 million in shares at 5-15% premium

FX brokerage group GAIN Capital Holdings Inc. (NYSE:GCAP), which operates the FOREX.com and City Index Retail Forex brands, has announced that it commenced a "modified Dutch auction" tender offer to purchase up to $50 million of shares of its common stock, or such lesser number of shares of its common stock as are properly tendered and not properly…

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