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IG Group Completes Major Share Buyback

IG Group Completes Major Share Buyback

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

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IG Group Holdings plc has successfully repurchased 481,890 of its ordinary shares at prices ranging from 958.00 to 973.00 pence per share, with a volume weighted average of 966.33 pence. The firm plans to cancel these shares, which will leave 362,084,124 shares remaining in issue. Since mid-August, the company has bought back over 7 million shares, spending close to £70 million.

For further insights into GB:IGG stock, check out TipRanks’ Stock Analysis page.

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