18th Aug 2025 10:51
Plus500 Ltd - Haifa, Israel-based trading platform provider - Starts new USD90.0 million share buyback on Monday, as it completes the USD110.00 million buyback started in February. Plus500 says the new buyback, which was first announced with its interim results last week, will be run by broker Panmure Liberum Ltd and completed by the end of March next year. The USD90.0 million is part of the USD165.0 million in new shareholder returns that Plus500 announced with its results. The remaining USD75.0 million will be paid as cash dividends. The company notes it has USD900 million in cash as of June 30, giving it room to make acquisitions and invest internally for growth, while still providing shareholder returns.
Current stock price: 3,094.00 pence
12-month change: up 22%
By Tom Waite, Alliance News editor
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