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IG Group Holdings ( (GB:IGG) ) has shared an announcement.
IG Group Holdings plc has announced the purchase of 115,172 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, increasing the total to 19,110,737 treasury shares, with 342,447,131 shares remaining in issue. Since the start of the buyback program, IG Group has acquired 6,008,500 shares at a cost of £65,935,043.26. This move is likely aimed at consolidating ownership and potentially enhancing shareholder value by reducing the number of shares in circulation.
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, specializing in online trading and investment services. The company provides platforms for trading contracts for difference (CFDs), spread betting, and stockbroking, catering to a global market with a focus on retail and institutional clients.
Average Trading Volume: 932,056
Technical Sentiment Signal: Buy
Current Market Cap: £3.71B
For detailed information about IGG stock, go to TipRanks’ Stock Analysis page.