The bank's shares saw a notable increase of 2.17% to 3.7530 euros in early trading at 0857 GMT, despite a year-to-date decline of 4.68% as of February 16. Santander outlined that the maximum share purchase price would be capped at 4.76 euros, and based on an assumed average price of 3.95 euros, it could acquire…
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The recent buyback program started after completing another $60.2 million buyback program in November. The Israeli-based broker said in the official statement: The purpose of this Share Buyback Programme is to further highlight the Board's continued confidence in the future prospects of Plus500 and reflects its strong financial position. This confidence is supported by the…
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The electronic trading platform currently plans to launch another trench of up to £75 million during the financial year 2023. IG noted that it expects to complete the share buyback programme during the FY23. The company explained that its goal is to reduce share capital. June Felix, Chief Executive Officer, commented: Our new Capital Allocation…
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The company noted that all shares repurchased through the programme will be classified as shares held in treasury and will be taken out from circulation. According to the official announcement, all share purchases will take place in the open market. Liberum Capital Limited was appointed to manage this new programme. The London-listed forex and CFDs…
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Plus500 stated: The Company will hold the repurchased shares in treasury. Following the purchase of these shares, the remaining number of ordinary shares in issue will be 101,331,310 (excluding treasury shares), and the company will hold 13,557,067 ordinary shares in treasury. Therefore, the total voting rights in Plus500 will be 101,331,310. The CFD trading platform…
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The purchases of share will take place in an open market transaction and market conditions, share price, trading volume and other factors will be taken into consideration. Credit Suisse Securities (Europe) Limited (“CS”) is appointed to manage the programme on the company’s behalf. Plus500 and its directors cannot invoke changes to the programme. Plus500's buyback…
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Plus500 also announced that its board of directors approved new buyback programme to additional $67.3 million of Plus500’s shares. The previous buyback program announced in February this year ended with the broker having purchased $38.9 million of its shares. The purchases of share will take place in an open market transaction and market conditions, share…
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Plus500, international Contracts for Difference (CFDs) provider, announced its latest volume of purchased shares on 28 February as part of its buyback programme announced on 12th February. The purchases are done through Credit Suisse Securities (Europe) Limited. Aggregate number of ordinary shares of ILS 0.01 each purchased: 33,400 Lowest price paid per share (GBp): 881.40…
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The international provider of trading services in CFDs, Plus500, announced a new share buyback programme today. The board of directors approved new buyback programme to additional $30.0 million of Plus500’s shares, just having completed the programme from August 2019 for $50.0 million. The purchases of share will take place in an open market transaction and…
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Online gaming and financial trading giant Playtech PLC (LON:PTEC) has made the first purchases of its own shares in the open market back in 2016, following its announcement that the company will buy back up to €50 million (USD $54 million) of its own shares. On 04 March 2019 the company purchased a total of 239,482…
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