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IG Group Holdings ( (GB:IGG) ) has shared an update.
IG Group Holdings has continued its share buyback programme, purchasing 124,431 ordinary shares on 13 March 2026 from Morgan Stanley at prices between 1,332.00p and 1,362.00p, with a volume‑weighted average price of 1,347.72p. The company plans to hold these shares in treasury, taking its treasury stock to 27,908,808 shares and leaving 333,649,060 ordinary shares in issue, a move that effectively reduces the free float and can enhance earnings per share over time.
Since the buyback instructions were issued in early September 2025, IG Group has repurchased a total of 14,806,571 shares at an aggregate cost of about £179.9 million, excluding fees and taxes. The scale of the programme underlines management’s ongoing capital return strategy and signals confidence in the group’s financial position, while potentially supporting the share price and benefitting existing shareholders through a more concentrated equity base.
The most recent analyst rating on (GB:IGG) stock is a Hold with a £1486.00 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 IGG Stock
According to Spark, TipRanks’ AI Analyst, 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 IGG stock, click here.
More about IG Group Holdings
IG Group Holdings plc operates as an online trading and investments provider, offering leveraged derivatives such as contracts for difference and spread betting, as well as share dealing and other investment services to retail and professional clients in global financial markets. The London‑listed group focuses on providing digital platforms that enable clients to trade a wide range of asset classes across international exchanges.
Average Trading Volume: 973,087
Technical Sentiment Signal: Buy
Current Market Cap: £4.56B
For a thorough assessment of IGG stock, go to TipRanks’ Stock Analysis page.