Plus500 joins STOXX Europe 600 Index
Retail FX and CFD broker Plus500 Ltd (LON:PLUS) has joined the STOXX Europe 600 Index (SXXP) effective as of the start of trading on Friday 17 January, 2025.
Since its IPO on the London Stock Exchange in 2013, Plus500 has distributed approximately $2.3bn in shareholder returns, positioning it as the best performing company on the FTSE All-Share Index on a total return basis to the end of December, 2024. It maintains a debt-free balance sheet with cash and cash equivalents amounting to c.$900m as of 31 December, 2024.
David Zruia, CEO of Plus500, commented:
“Plus500’s inclusion in the STOXX Europe 600 Index for the first time is a significant milestone for the Group and serves as an important recognition for the compounding value creation we have delivered in recent years. With the Group’s robust fundamentals, disciplined approach to capital allocation and strong cash generation, we look forward to continuing to execute against our strategic roadmap objectives and to delivering attractive and sustainable returns for our shareholders.”