Plus500 updates on resolutions that faced significant opposition at AGM
At the last Plus500 AGM, two of the resolutions which were passed had more than 20% of votes cast against them.
At the last Plus500 AGM, two of the resolutions which were passed had more than 20% of votes cast against them.
The Board of Plus500 expects FY 2021 revenue and EBITDA to be ahead of current compiled analysts’ consensus forecasts.
USGFX tops the complaints chart among FX dealers, whereas IC Markets remains on top of the complaints ranking among derivatives dealers.
Plus500 expects that FY 2021 revenue and EBITDA will be ahead of current compiled analysts’ consensus forecasts.
Shareholder worries that the drop in Plus500 revenues might have resulted in a large profitability hit seem to have been assuaged.
During H1 2021, Plus500 generated total revenue of $346.2 million, down from $564.2 million a year earlier.
Plus500’s Board of Directors has approved a new program to buy back up to an additional $12.6 million of the company’s issued share capital.
Plus500 has completed the acquisition of all of the membership interests of Cunningham Commodities LLC and Cunningham Trading Systems LLC.
Plus500 will continue rolling out ‘Plus500 Invest’ share dealing platform in further geographies over the coming months.
Plus500 has granted 160,926 restricted share units (RSUs) over ordinary shares to director and employees of the broker.