Tag: buyback

Admirals
May 19, 2023 BY Steffy Bogdanova

Admirals announces restructure and withdrawal of Estonian license

Admirals stated: The restructuring stems from the fundamental necessity and choice to expand the Group’s presence globally, as the Company has substantially positioned itself in new regions during recent years. The on-going change shall have no impact on the existing Group’s clients. Albeit the restructuring, Estonia remains the Company’s strategic location. The Company continues to…

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Plus500 new share buyback program
February 19, 2021 BY Steffy Bogdanova

Plus500 repurchases 34K shares as part of its new buyback programme

The new buyback programme announced on 17 February 2021 will see the brokerage repurchase $25 million worth of shares. The move was announced following a massive surge in profits reported for 2020 and increased client activity. LeapRate reported earlier that the year ended for Plus500 with $500.1 million profit, almost 230% more than the previous…

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