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IG Group Expands Share Buyback Program
Company Announcements

IG Group Expands Share Buyback Program

Story Highlights
  • IG Group purchased 99,963 ordinary shares at an average price of 1016.6175p.
  • The buyback increases IG Group’s treasury shares to 7,449,809, reflecting capital management strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

IG Group Holdings ( (GB:IGG) ) has provided an update.

IG Group Holdings plc announced the purchase of 99,963 of its ordinary shares at prices ranging from 1009p to 1024p, with an average price of 1016.6175p per share. This transaction is part of their ongoing share buyback program, increasing their total treasury shares to 7,449,809, reflecting their strategy to manage capital more efficiently and possibly enhance shareholder value.

More about IG Group Holdings

IG Group Holdings plc operates in the financial services industry, primarily providing online trading services. The company offers a range of products including contracts for difference (CFDs) and spread betting and focuses on both institutional and retail markets.

YTD Price Performance: 2.57%

Average Trading Volume: 926,921

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £3.59B

See more insights into IGG stock on TipRanks’ Stock Analysis page.

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