IG Group adds to treasury stock with latest £3m share buyback

IG Group Holdings ( (GB:IGG) ) just unveiled an announcement.

IG Group Holdings has continued its share buyback activity, purchasing a total of 137,190 ordinary shares between 7 and 10 April 2026 from Morgan Stanley & Co. International, at volume-weighted average prices ranging from about 1,443p to 1,471p per share. The company said these shares will be held in treasury, taking its treasury holding to 29,533,402 shares and leaving 332,024,466 shares in issue excluding treasury.

Since initiating this latest tranche of repurchases on 1 April, IG Group has bought 206,023 shares for just under £3 million, underscoring an ongoing capital management strategy that can enhance earnings per share and signal confidence in its valuation. The enlarged treasury position may provide the group with greater flexibility for future capital allocation decisions, while modestly increasing existing shareholders’ proportional ownership of the free float.

The most recent analyst rating on (GB:IGG) stock is a Buy with a £1680.00 price target. To see the full list of analyst forecasts on IG Group Holdings stock, see the GB:IGG Stock Forecast page.

Spark’s Take on IGG Stock

According to Spark, TipRanks’ AI Analyst, IGG is a Outperform.

IG Group Holdings exhibits strong technical indicators and an attractive valuation, which are the most significant factors driving the score. The company’s solid financial performance, despite some challenges in revenue and cash flow growth, supports its stability. The ongoing share buyback program further enhances shareholder value, reflecting positively on the company’s strategic management.

To see Spark’s full report on IGG stock, click here.

More about IG Group Holdings

IG Group Holdings is a U.K.-listed online trading and investment services provider, best known for offering leveraged derivatives such as contracts for difference and spread betting, alongside share dealing and other trading products to retail and professional clients in global financial markets. The company operates a capital-light, technology-driven platform business focused on active traders and investors.

Average Trading Volume: 1,446,611

Technical Sentiment Signal: Buy

Current Market Cap: £4.97B

See more data about IGG stock on TipRanks’ Stock Analysis page.