IN BRIEF: IP Group extends share buyback by GBP10 million amid exits
7th Oct 2024 11:11
IP Group PLC - London-based active investor in early stage science companies - Extends share buyback by GBP10 million, having completed a GBP20 million repurchase last month. IP Group bought back 45.5 million shares at an average price of 43.96 pence in the recent buyback, which was launched in December last year. All the shares were put into treasury and cancelled, together with 29.7 million shares previously repurchased. IP Group now has 995.9 million shares in issue for a market capitalisation of GBP493.9 million. The new buyback will be run by Deutsche Numis and be completed by the end of December. Read More