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IG Group Holdings ( (GB:IGG) ) just unveiled an update.
IG Group Holdings plc announced the purchase of 111,738 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 18,771,928. Since the start of the buyback program, IG Group has acquired 5,669,691 shares at a total cost of £62,318,955.36. This move is part of the company’s strategy to manage its capital structure and potentially enhance 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 services for retail and institutional investors. The company is known for providing platforms for trading contracts for difference (CFDs), forex, and other financial products, with a focus on global markets.
Average Trading Volume: 909,572
Technical Sentiment Signal: Buy
Current Market Cap: £3.72B
See more insights into IGG stock on TipRanks’ Stock Analysis page.