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IG Group Holdings ( (GB:IGG) ) has issued an update.
IG Group Holdings plc has announced the repurchase of 115,403 ordinary shares from Morgan Stanley & Co. International Plc, as part of a previously announced buyback program. The shares will be held in treasury, bringing the total number of treasury shares to 19,341,036. Since the start of the buyback program in September 2025, IG Group has acquired 6,238,799 shares at a cost of over £68 million, indicating a strategic move to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:IGG) stock is a Buy with a £13.50 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 GB:IGG Stock
According to Spark, TipRanks’ AI Analyst, GB:IGG is a Outperform.
The overall stock score of 71 reflects a solid financial foundation and attractive valuation, offset by neutral technical indicators. The company’s strong profitability and stable balance sheet are significant strengths, while the recent decline in revenue and cash flow growth rates are areas of concern. The valuation is favorable, with a low P/E ratio and high dividend yield, enhancing the stock’s appeal.
To see Spark’s full report on GB:IGG stock, click here.
More about IG Group Holdings
IG Group Holdings plc operates in the financial services industry, primarily offering online trading services to retail and institutional clients. The company focuses on providing platforms for trading financial derivatives such as contracts for difference (CFDs) and spread betting.
Average Trading Volume: 1,003,564
Technical Sentiment Signal: Buy
Current Market Cap: £3.53B
See more data about IGG stock on TipRanks’ Stock Analysis page.