Tranche Update on BGC Partners, Inc.'s Equity Buyback Plan announced on August 5, 2004.
August 06, 2021 at 04:07 pm EDT
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From April 1, 2021 to June 30, 2021, the company has repurchased 16,542,000 shares, representing 4.35% for $103.33 million. With this, the company has completed the repurchase of 65,005,974 shares, representing 46.73% for $448.38 million under the buyback announced on August 5, 2004.
BGC Group, Inc. is a global brokerage and financial technology company servicing the financial markets. The Company, through its affiliates, specializes in the brokerage of a range of products, including fixed income, foreign exchange, equities, energy and commodities, shipping, and futures. It also provides a variety of services, including trade execution, brokerage, clearing, trade compression, post-trade, information, and other back-office services to a range of financial and non-financial institutions. Through its brands, including Fenics, FMX, FMX Futures Exchange, Fenics Markets Xchange, Fenics Digital, Fenics UST, Fenics FX, Fenics Repo, Fenics Direct, Fenics MID, Fenics Market Data, Fenics GO, Fenics PortfolioMatch, BGC, BGC Trader, KACE and Lucera, it offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. It serves banks, broker-dealers, investment banks, trading firms, hedge funds, governments and corporations.
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