Ultimate proportion buyback program
The London-listed dealer additionally reported a $100 million distribution to buyers of ultimate and particular proportion buybacks and dividends. Plus500 these days introduced a last proportion buyback program to buy $42.4 million price of corporate stocks and a unique buyback program of $27.6 million.
The company may even pay out ultimate dividend of $20 million to its shareholders at $0.2156 in line with proportion and a unique dividend of $10 million at $0.1078 in line with proportion, each to be disbursed in July.
In 2022 Plus500’s shareholders won $270.2 million in returns, which represents 73% of the company’s internet earnings in 2022.
In the meantime, Plus500 published previous in February it has acquired a licence from the Dubai Monetary Services and products Authority (DFSA) within the enlargement marketplace of the United Arab Emirates(UAE).
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