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IG Group Holdings ( (GB:IGG) ) just unveiled an announcement.
IG Group Holdings plc has announced the repurchase of 8,977 of its ordinary shares, with prices ranging from 982p to 990p per share, and an average price of 985.646p. These shares will be held in treasury, increasing the total number of treasury shares to 7,032,349, while the total ordinary shares in issue stands at 354,525,519. Since September 2024, IG Group has repurchased shares at a total cost of £64,996,323. This move may impact the company’s share liquidity and stock performance, reflecting a strategic approach to managing its capital structure.
More about IG Group Holdings
IG Group Holdings plc operates within the financial services industry, primarily providing online trading services, including contracts for difference (CFDs) and forex trading, to a global client base. The company focuses on offering a range of trading opportunities, leveraging technology to deliver a comprehensive trading platform to its users.
YTD Price Performance: -0.35%
Average Trading Volume: 852,825
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £3.49B
For detailed information about IGG stock, go to TipRanks’ Stock Analysis page.
