IG Group Holdings ( (GB:IGG) ) has provided an announcement.
IG Group Holdings plc announced it has purchased 67,455 of its ordinary shares through Morgan Stanley & Co. International Plc, as part of its ongoing share buyback program. These shares will be held in treasury, and the company now holds a total of 8,286,578 treasury shares, with 353,271,290 ordinary shares remaining in issue. This move is part of IG Group’s broader strategy to manage its capital structure and potentially enhance shareholder value.
More about IG Group Holdings
IG Group Holdings plc operates in the financial services industry, primarily offering online trading services to retail and institutional customers. It focuses on providing platforms for trading leveraged products, such as contracts for difference (CFDs) and spread betting, and serves a global market.
YTD Price Performance: 4.40%
Average Trading Volume: 928,368
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £3.6B
Find detailed analytics on IGG stock on TipRanks’ Stock Analysis page.