Plus500 H1 profits rise, launches $60m share buyback

by | Aug 14, 2023

(Sharecast News) – Contract-for-difference platform Plus500 on Monday reported a rise in half-year profits and said it was starting a $60m share buyback.
Interim core profit rose jumped 17% year on year to $174m on the back of a 15% increase in group revenue to $368.5m.

Customer income, a key measure of the group’s underlying performance, was up 2% to $304.3m.

Reporting by Frank Prenesti for Sharecast.com

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