**Summary**
TP ICAP Group plc announced the launch of its **fifth share buyback programme** valued at **£30 million**, commencing upon the completion of its ongoing fourth buyback programme (also £30 million). As of August 4, 2025, the company had repurchased approximately **10.5 million ordinary shares** for **£28 million** under the fourth programme. The fifth buyback aims to reduce the companys capital and/or fulfill obligations under employee share schemes. Shares not canceled will have dividend rights waived.
The move underscores TP ICAPs **strong financial position**, **cash-generative nature**, and confidence in its future prospects. It aligns with the companys **dynamic capital management strategy**, prioritizing business investment, M&A opportunities, debt reduction, and capital returns. The buyback will operate within pre-set parameters, adhering to regulatory requirements, including the **Financial Conduct Authoritys Listing Rules** and **EU Regulation No 596/2014 (MAR)**.
TP ICAP has appointed **Peel Hunt LLP** to manage the buyback as a "matched principal," ensuring independent trading decisions during closed periods. Details of purchases will be disclosed via **RNS announcements** and published on the companys website. The announcement includes forward-looking statements, noting potential variations in future results.
TP ICAP is a leading wholesale market intermediary, operating in global financial, energy, and commodities markets across 28 countries.
**Key Points**
Fifth share buyback programme of £30 million.
Follows imminent completion of fourth £30 million buyback.
Aims to reduce capital and/or meet employee share scheme obligations.
Reflects strong financial position and confidence in future prospects.
Managed by Peel Hunt LLP under regulatory compliance.
Disclosures to be made via RNS and company website.