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IG Group Holdings ( (GB:IGG) ) has issued an announcement.
IG Group Holdings plc announced the purchase of 107,658 of its ordinary shares from Morgan Stanley & Co. International Plc, as part of its ongoing share buyback program. The shares will be held in treasury, bringing the total number of treasury shares to 18,014,039. This move is part of a broader strategy since September 2025, where the company has acquired a total of 4,911,802 shares at a cost of £53,906,165.72, potentially impacting the company’s market positioning 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 clients with access to financial markets through its trading platforms.
Average Trading Volume: 1,037,462
Technical Sentiment Signal: Buy
Current Market Cap: £3.84B
See more data about IGG stock on TipRanks’ Stock Analysis page.