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IG Group Announces Share Buyback from Morgan Stanley

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IG Group Announces Share Buyback from Morgan Stanley

IG Group Holdings ( (GB:IGG) ) has issued an update.

IG Group Holdings plc announced a recent purchase of 71,352 ordinary shares from Morgan Stanley & Co., executed under prior instructions from the company. This move, part of a broader treasury share buyback strategy, sees IG Group holding a total of 8,445,767 shares in treasury and reflects ongoing efforts to manage shareholder capital and potentially enhance shareholder value.

More about IG Group Holdings

IG Group Holdings plc operates in the financial sector, primarily offering trading and investment services, focusing on providing platforms for retail traders and institutional partners. It is known for its comprehensive trading solutions and market analysis tools.

YTD Price Performance: 1.94%

Average Trading Volume: 936,062

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £3.51B

See more insights into IGG stock on TipRanks’ Stock Analysis page.

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