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IG Group Holdings ( (GB:IGG) ) has provided an announcement.
IG Group Holdings plc has announced the purchase of 15,179 of its ordinary shares from UBS AG London Branch, with the transaction occurring on January 16, 2025. The shares were acquired at a volume-weighted average price of 1028.4973 pence per share and will be held in treasury. This move is part of IG Group’s ongoing share buyback program, which has seen the company acquire a total of 7,184,507 shares since September 2024, costing approximately £66.5 million. The acquisition reflects IG Group’s commitment to enhancing shareholder value and optimizing its capital structure.
More about IG Group Holdings
IG Group Holdings plc is a prominent player in the financial trading industry, offering online trading and investment services. The company is known for its focus on providing retail and institutional clients access to a wide range of financial markets, including shares, indices, forex, commodities, and cryptocurrencies.
YTD Price Performance: 3.28%
Average Trading Volume: 859,213
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £3.54B
For an in-depth examination of IGG stock, go to TipRanks’ Stock Analysis page.
