07.05.2024
Plus500 board confident about company's prospects for 2024
07.05.2024
Mirjan Hipolito
Cryptocurrency and stock expert

​At today's AGM, which will be held in London at 08:00 UK Standard Time, Plus500, the global fintech group, intends to announce the strategic and operational progress made in the 2023 financial year. 

In addition, the Group has had a strong first quarter of 2024, as evidenced by the trading statement for the period published on April 16, 2024. Key operating metrics outperformed the previous fourth quarter 2023 results due to the company's effective multi-channel marketing strategy, advanced technology, and intuitive trading platforms. 

Plus500's strategic roadmap focuses on entering new markets, developing innovative products, and deepening client relationships. With recent achievements and the current strategy in place, the board reaffirms its confidence in the Group's prospects for 2024 and beyond. 

At the same time, Plus500 announced that on May 3, in accordance with the terms of its share buyback program dated February 20, 2024, the company purchased a portion of its ordinary shares at NIS 0.01 per share through Liberum Capital Limited. 

Details of the share transaction: 

- Total number of ordinary shares purchased at NIS 0.01 each – 26,048.

- Lowest price paid per share (GBP) – NIS 2,184.00.

- Highest price paid per share (GBP) – NIS 2,208.00.

- Volume-weighted average price paid per share (GBp) – NIS 2,194.85. 

The company emphasized that it will hold the repurchased shares in treasury. 

Plus500 remains committed to providing its clients with advanced technological solutions and quality service and remains one of the leading players in the financial technology industry. 

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