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TP ICAP launches new £30mn share buyback

TP ICAP on the upswing after a solid year and a £30mn share buyback
March 12, 2024
  • Expanding into less volatile markets
  • Could IPO part of the data business 

The inherent volatility of global broking services meant that inter-dealer broker TP ICAP (TCAP) has struggled to deliver a consistent performance. However, the company managed to build on its promising half-year, as demand for energy and commodities broking and data services helped to boost underlying profits.  

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