IG Group Holdings ( (GB:IGG) ) has provided an announcement.
IG Group Holdings plc announced the purchase of 72,886 of its ordinary shares from Morgan Stanley & Co. International Plc, as part of a buyback program initiated earlier in the year. This transaction, which involved a volume-weighted average price of 944.22 pence per share, increases the company’s treasury holdings to 10,471,218 shares. Since February 2025, IG Group has acquired a total of 2,459,808 shares at a cost of £23,658,050.49. This strategic move is likely aimed at consolidating the company’s equity position and potentially enhancing shareholder value.
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 platforms for trading financial derivatives such as contracts for difference (CFDs) and spread betting, catering to a global market of retail and institutional investors.
YTD Price Performance: -3.18%
Average Trading Volume: 1,044,541
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £3.34B
For detailed information about IGG stock, go to TipRanks’ Stock Analysis page.