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IG Group Expands Share Buyback Program

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IG Group Expands Share Buyback Program

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

IG Group Holdings plc announced the purchase of 17,076 of its ordinary shares from Morgan Stanley & Co. International Plc, as part of a buyback program initiated earlier in the year. The shares will be held in treasury, increasing the total treasury shares to 11,322,820. This move reflects IG Group’s 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 and investment services. The company focuses on providing access to a wide range of financial markets for retail and institutional clients.

YTD Price Performance: -0.82%

Average Trading Volume: 1,080,728

Technical Sentiment Signal: Strong Sell

Current Market Cap: £3.34B

See more data about IGG stock on TipRanks’ Stock Analysis page.

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