Plus500 continues “monster” 2020 with Q3 Revenues of $216 million
Plus500 brought in $216.4 million of Revenue in Q3 – down 12.6% from Q2, but still very strong and almost double last year’s $110 million.
Plus500 brought in $216.4 million of Revenue in Q3 – down 12.6% from Q2, but still very strong and almost double last year’s $110 million.
Plus500 welcomes the changes proposed by ASIC, which the Board believes will enhance the CFD trading landscape.
BlackRock picked up an approximate 7% stake in Plus500 back in mid 2018, and has since remained at above a 5% holding in the company.
Anne Grim was most recently Chief Customer Officer at Fidelity International. She is also currently a director of Metro Bank plc.
With the exception of the re-election of Plus500 board chair Penelope Judd and director Steven Baldwin, all resolutions passed at least 94%.
Shareholder advisory services have recommended that investors vote against a planned $1.2 million bonus to Plus500 CFO Elad Even-Chen.
Plus500 announced a planned $67.3 million share buyback concurrent with reporting record first half results in early August.
CFDs broker Plus500 has gotten off to a somewhat slow start to its recently announced share buyback program. In parallel […]
Plus500 is looking to solidify its position in the UK market by adding “real” shares trading alongside the CFD trading it already offers.
Plus500 recently declared an interim dividend of $101 million, and a new share buyback programme of $67.3 million.