CMC Markets to buy back up to £30mln of shares

"In light of the company's robust capital position and having considered the ongoing investment in the business, the board has decided to return excess capital to shareholders"

Proactive Published 02/03/2022

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CMC Markets PLC (LSE:CMCX), the trading platforms operator, is to launch a share buyback programme.

The board has earmarked £30mln for the programme. The return of excess capital to shareholders will not affect the group’s dividend policy, which remains unchanged.

Previously stated full-year guidance is also unchanged, the company’s stock market statement added.