IG Group Expands Share Buyback Program with Latest Purchase

An update from IG Group Holdings ( (GB:IGG) ) is now available.

IG Group Holdings plc announced the purchase of 76,977 of its ordinary shares from Morgan Stanley & Co. International Plc, with the intention of holding these shares in treasury. This transaction is part of a larger buyback program initiated earlier in the year, reflecting the company’s strategy to manage its capital structure and potentially enhance shareholder value. Since February 2025, IG Group has repurchased over 5 million shares, indicating a significant investment in its own equity.

The most recent analyst rating on (GB:IGG) stock is a Buy with a £10.40 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.

IG Group Holdings exhibits a strong overall performance with robust financial health, positive technical momentum, and strategic corporate actions enhancing shareholder value. The company’s low P/E ratio and attractive dividend yield further strengthen its investment appeal. However, attention should be given to declining revenue growth and cash flow challenges.

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 services and products. The company focuses on providing trading platforms for retail and institutional clients, enabling them to trade a variety of financial instruments including shares, indices, and currencies.

Average Trading Volume: 949,180

Technical Sentiment Signal: Buy

Current Market Cap: £3.91B

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