IPH Limited extends on-market share buy-back program

IPH Limited (ASX: $IPH) has announced the extension of its existing on-market share buy-back program of up to $40 million. The buy-back period will now continue until 30 May 2025, providing flexibility as part of IPH's capital management program. This extension does not impact IPH's existing dividend policy, allowing the company to retain ongoing flexibility to take advantage of accretive growth opportunities as they occur.

Executive Commentary on Share Buy-Back Extension

The extension of the on-market share buy-back program reflects our commitment to maintaining flexibility in capital management. While we have no immediate intention of buying back shares, this extension allows us to seize accretive growth opportunities as they arise. It also demonstrates our ongoing commitment to delivering value to our shareholders. The program will not impact our existing dividend policy, and we retain the flexibility to respond to changing market conditions. This decision aligns with our long-term strategy and commitment to enhancing shareholder value.

Summary of IPH's Share Buy-Back Extension

IPH Limited (ASX: $IPH) has extended its on-market share buy-back program, providing flexibility for capital management. The extension, until 30 May 2025, allows IPH to seize accretive growth opportunities as they arise, without impacting the existing dividend policy. This decision aligns with the company's commitment to enhancing shareholder value and its long-term strategy. The extension reflects IPH's proactive approach to capital management and its dedication to delivering value to shareholders.