Plus500 extends buyback by $110M, declares $75.5M dividend

Breaking news: Plus500 expands share buyback with an additional $110 million

Plus500, the Israeli retail broker listed on the London Stock Exchange, has extended its share buyback program by an additional $110 million. The broker also announced a $75.5 million dividend distribution, underscoring its strong financial health and cash-generating capabilities.

Plus500
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Breaking news: Plus500 expands share buyback with an additional $110 million

London-listed Israeli broker Plus500 has just announced an extension of its ongoing share buyback program, adding another $110 million. This new allocation includes $35.4 million for an interim buyback and $74.6 million for a special buyback program.

In addition, the company will distribute $75.5 million in dividends to its shareholders, citing its strong financial position and cash-generating business model as key factors behind this decision.

 

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These moves follow a solid first half of the year, during which Plus500 generated $398.2 million in revenue.

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82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.