tiprankstipranks
Advertisement
Advertisement

IG Group Continues Treasury Share Buybacks in £169.8m Programme

Story Highlights
  • IG Group repurchased 124,046 shares on 5 March 2026, to be held in treasury, lifting its treasury balance to over 27 million shares and reducing the number of shares in issue, which can enhance earnings per share and support valuation metrics.
  • Since September 2025, the company has spent about £169.8 million buying back more than 14 million shares, highlighting its ongoing commitment to shareholder returns and capital efficiency through a sustained share repurchase strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
IG Group Continues Treasury Share Buybacks in £169.8m Programme

Claim 30% Off TipRanks

The latest update is out from IG Group Holdings ( (GB:IGG) ).

IG Group Holdings has continued its share buyback programme, repurchasing 124,046 ordinary shares on 5 March 2026 at a volume-weighted average price of 1,351.85 pence, with prices ranging between 1,338.00 and 1,360.00 pence. The company intends to hold these shares in treasury, bringing its treasury holdings to 27,159,292 shares and leaving 334,398,576 ordinary shares in issue, a move that typically consolidates earnings per share and signals confidence in the firm’s valuation.

Since initiating the current programme in early September 2025, IG Group has bought back 14,057,055 shares at a total cost of about £169.8 million, excluding fees and taxes. The ongoing pace and scale of repurchases underscore management’s continued focus on capital returns for shareholders and may support the share price by reducing free float and increasing capital efficiency, while not constituting any offer or solicitation for securities.

The most recent analyst rating on (GB:IGG) stock is a Hold with a £1473.00 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 GB:IGG Stock

According to Spark, TipRanks’ AI Analyst, GB: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 GB:IGG stock, click here.

More about IG Group Holdings

IG Group Holdings plc is a U.K.-listed financial services firm specialising in online trading and investment platforms. The company provides access to leveraged derivatives such as contracts for difference and spread betting, as well as share dealing and other trading services for retail and professional clients across global markets.

Average Trading Volume: 978,845

Technical Sentiment Signal: Buy

Current Market Cap: £4.52B

Learn more about IGG stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1