IG Group Holdings ( (GB:IGG) ) has provided an announcement.
IG Group Holdings plc has announced the purchase of 148,429 of its ordinary shares from Morgan Stanley & Co. International Plc, as part of a buyback program initiated earlier this year. The shares will be held in treasury, and this move is part of a broader strategy where the company has acquired nearly 3 million shares since February 2025, indicating a focus on optimizing capital structure and potentially enhancing shareholder value.
More about IG Group Holdings
IG Group Holdings plc operates in the financial services industry, primarily offering online trading and investment services. The company focuses on providing platforms for trading in financial markets, catering to retail and institutional clients globally.
YTD Price Performance: -2.46%
Average Trading Volume: 1,091,312
Technical Sentiment Signal: Sell
Current Market Cap: £3.34B
Learn more about IGG stock on TipRanks’ Stock Analysis page.