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An announcement from IG Group Holdings ( (GB:IGG) ) is now available.
IG Group Holdings plc announced the purchase of 360,874 of its ordinary shares from Morgan Stanley & Co. International Plc, as part of a previously announced buyback program. This transaction is part of IG Group’s strategy to manage its capital structure and enhance shareholder value, with the company now holding over 11 million shares in treasury and maintaining a total of 349,874,174 shares in issue.
More about IG Group Holdings
IG Group Holdings plc operates in the financial services industry, primarily offering online trading services and products. The company focuses on providing clients with access to financial markets through its trading platforms, catering to retail and institutional investors globally.
YTD Price Performance: -6.40%
Average Trading Volume: 1,012,966
Technical Sentiment Signal: Sell
Current Market Cap: £3.2B
For an in-depth examination of IGG stock, go to TipRanks’ Stock Analysis page.