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IG Group Holdings ( (GB:IGG) ) has provided an update.
IG Group Holdings plc announced the purchase of 117,631 of its ordinary shares from Morgan Stanley & Co. International Plc, as part of a previously issued instruction. The shares will be held in treasury, increasing the total treasury shares to 19,458,667. This move is part of a broader share buyback initiative, with the company having acquired over 6.3 million shares since September 2025, at a cost of over £69 million. The purchase reflects IG Group’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 and investment services. The company focuses on providing a platform for trading financial derivatives such as contracts for difference (CFDs) and spread betting, catering to retail and institutional clients globally.
Average Trading Volume: 1,003,564
Technical Sentiment Signal: Buy
Current Market Cap: £3.53B
For an in-depth examination of IGG stock, go to TipRanks’ Overview page.