IG Group Enhances Treasury Holdings with Recent Share Purchase

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

IG Group Holdings plc announced the purchase of 35,528 ordinary shares from Morgan Stanley & Co. International Plc, as part of a previously issued instruction. The shares will be held in treasury, bringing the total number of treasury shares to 12,244,771. Since February 2025, the company has acquired 4,233,361 shares at a cost of £40,409,022.95. This move is part of IG Group’s strategy to manage its capital structure, potentially impacting shareholder value and market perception.

The most recent analyst rating on (GB:IGG) stock is a Buy with a £11.45 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 demonstrates strong financial performance and strategic initiatives like share buybacks that support its market position. The stock is undervalued with a compelling dividend yield. However, challenges in revenue growth and liquidity, coupled with technical indicators suggesting caution, present potential risks. The company offers a balanced investment opportunity with strengths in financial stability but requires careful monitoring of market conditions.

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. The company focuses on providing access to financial markets for retail and institutional clients, facilitating trading in various financial instruments including forex, indices, commodities, and equities.

Average Trading Volume: 938,319

Technical Sentiment Signal: Buy

Current Market Cap: £3.77B

Find detailed analytics on IGG stock on TipRanks’ Stock Analysis page.