Exclusive: Plus500 doubling its Israel office space, recruiting workers
Plus500 is set to lease an additional 5,800 square meters of office space near its current global headquarters in Haifa, Israel.
Plus500 is set to lease an additional 5,800 square meters of office space near its current global headquarters in Haifa, Israel.
Plus500 Ltd will commence a new share buyback programme today to purchase a total of up to $100 million of the company’s shares.
Retail Forex and CFD broker Plus500 Ltd (LON:PLUS) today announced its preliminary unaudited results for the year ended 31 December 2023.
For the year ended 31 December 2023, Plus500 generated revenue of approximately $725m and EBITDA of approximately $340m.
Retail Forex broker Plus500 today announced that its US business has joined the Futures Industry Association (FIA).
Fraudsters copy the details of firms the FCA authorises to try and convince people that their firm is genuine.
Since the AGM, Plus500 has engaged with various shareholder advisory bodies and its top shareholders.
Plus500’s revenue for the third quarter of 2023 was $168.1 million, down 14% from the year-ago quarter.
The purchase has been conducted separately from Plus500’s $70M share buyback program, which will continue as planned.
At its current share price of £15.68, Plus500 is trading at multiples of 2023e consensus results of 3.0x Revenue and 8.1x Profit.