ReutersReuters

New Zealand's ikeGPS rises to 2-year high on share purchase plan

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** ikeGPS Group IKE up as much as 2% to NZ$1.04, its highest level since February 2023

** Stock set to gain for the eighth straight session

** Platform technology co opens its share purchase plan for A$2 mln ($1.3 mln)

** Purchase plan follows the fully underwritten share placement, which raised ~A$18 mln

** IKE gains 13.3% YTD

($1 = A$1.5347)

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