- Plus500 expands its share buyback program by $110 million, including a special buyback of $74.6 million.
- The broker announces $75.5 million in dividends, highlighting strong financial health with a cash balance exceeding $1 billion.
Plus500, the London-listed retail broker, has extended its share buyback program by allocating an additional $110 million. This move includes a $35.4 million interim buyback and a $74.6 million special buyback.
The broker, which began repurchasing shares in 2017, also plans to distribute $75.5 million in dividends to shareholders.
With a cash balance now exceeding $1 billion, Plus500 cites its strong financial health and cash-generative model as key drivers behind these decisions, reaffirming its dedication to maximizing shareholder value.
