tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

IG Group Expands Share Buyback Program

Story Highlights
IG Group Expands Share Buyback Program

TipRanks Black Friday Sale

IG Group Holdings ( (GB:IGG) ) has issued an announcement.

IG Group Holdings plc announced the purchase of 108,485 of its ordinary shares from Morgan Stanley & Co. International Plc, as part of a buyback program initiated in September 2025. The shares will be held in treasury, bringing the total number of treasury shares to 18,660,190. This move is part of a larger buyback effort, with a total of 5,557,953 shares purchased since September at a cost of £61,113,905.73, which may impact the company’s financial structure and shareholder value.

The most recent analyst rating on (GB:IGG) stock is a Buy with a £13.50 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 GB:IGG Stock

According to Spark, TipRanks’ AI Analyst, GB:IGG is a Outperform.

The overall stock score of 71 reflects a solid financial foundation and attractive valuation, offset by neutral technical indicators. The company’s strong profitability and stable balance sheet are significant strengths, while the recent decline in revenue and cash flow growth rates are areas of concern. The valuation is favorable, with a low P/E ratio and high dividend yield, enhancing the stock’s appeal.

To see Spark’s full report on GB:IGG stock, click here.

More about IG Group Holdings

IG Group Holdings plc operates in the financial services industry, primarily offering online trading and investment services. The company focuses on providing a platform for trading a wide range of financial markets including forex, indices, commodities, and cryptocurrencies.

Average Trading Volume: 915,396

Technical Sentiment Signal: Buy

Current Market Cap: £3.81B

Learn more about IGG stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1