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IG Group Holdings ( (GB:IGG) ) has issued an announcement.
IG Group Holdings, a company engaged in financial services, announced the purchase of 96,781 of its own ordinary shares from UBS AG London Branch. This share repurchase is part of IG Group’s strategy to manage its capital structure, with the shares being retained in treasury. As a result of this transaction, the company now holds 7,543,245 shares in treasury and has 354,014,623 shares in circulation. Since September 2024, IG Group has repurchased a total of 7,640,026 shares, reflecting an investment of over £71 million, indicating its commitment to enhancing shareholder value.
More about IG Group Holdings
YTD Price Performance: 2.98%
Average Trading Volume: 918,834
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £3.6B
For detailed information about IGG stock, go to TipRanks’ Stock Analysis page.