GAIN Capital Holdings, Inc. Buyback
OLI recorded this information on 5/17/2017
GAIN Capital Holdings, Inc.
GAIN Capital Holdings, Inc. ("the Company") (NYSE: GCAP), a leading global provider of online trading services, today announced that its Board of Directors has authorized an expanded stock repurchase program, under which the company may repurchase up to $35 million of its outstanding common stock, nearly doubling the amount approved as of March 31, 2017.
GAIN Capital Holdings is a holding company. Co. is a provider of trading services and solutions, focusing on over-the-counter and exchange-traded markets. Co. operates in two segments. Through its retail segment, Co. provides its customers around the world with access to a range of global financial markets, including spot forex exchange, precious metals trading, as well as contracts for difference, which are investment products with returns linked to the performance of underlying assets. Co.'s futures segment provides execution and risk management services for exchange-traded futures and futures options on main United States and European futures and options exchanges.
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Hold (2.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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