Plus500 said on Monday that it launched a new re -purchase of $ 90 million, after completing its current program of $ 110 million, which was announced in February.
The company said that this step emphasizes the “disciplined capital allocation framework” and confidence in providing sustainable shareholders.
The new purchase is said to be part of the $ 165 million shareholders ’revenues that were revealed in half a year earlier this month, which also included profits of $ 75 million.
The program, which is run by Panmure Liberum, will continue until March 31, 2026. It is irreversible and unspecified, which means that the company or the board of directors can change its implementation.
Plus500 has confirmed that it could replay up to 5,868,129 shares, which is the maximum authorized by shareholders at its annual public meeting in May, less than already purchased.
All shares that have been purchased in the cabinet will be held, making them sleeping without profit distribution rights or voting rights.
The Fintech Group has highlighted its strong financial location as a driver of the decision. As of June 30, 2025, it was holding $ 0.9 billion in cash in its public budget, providing flexibility to finance growth initiatives and shareholders’ distributions.
Plus500 said that daily re -purchase details will be revealed before 7 am on the work day after each transaction.
The company has indicated the expansion of its US future business and the latest operational momentum as other reasons for confidence in creating the value of shareholders.