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IN BRIEF: CMC Markets launches GBP30 million share buyback

2nd Mar 2022 12:07

CMC Markets PLC - London-based online trading platform - Plans to launch a GBP30 million share buyback programme, citing company's "robust capital position" and "having considered the ongoing investment in the business". Says buyback is in additional to current dividend policy, which is unchanged. Also confirms full-year guidance is unchanged. CMC's financial year ended on March 31, and it previously said it will release a trading statement soon after, on April 8.

Current stock price: 241.00 pence, up 5.7% on Wednesday

12-month change: down 39%

By Tom Waite; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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