IG Group Holdings ( (GB:IGG) ) has provided an update.
IG Group Holdings plc announced the repurchase of 16,581 of its ordinary shares from Morgan Stanley & Co. International Plc, as part of its ongoing share buyback program initiated earlier in the year. The company intends to hold these shares in treasury, which is part of a broader strategy to manage its capital structure and potentially enhance shareholder value. Since February 2025, IG Group has acquired a total of 2,817,772 shares at a cost of over £27 million, indicating a significant investment in its own equity.
More about IG Group Holdings
IG Group Holdings plc operates in the financial services industry, providing online trading services to retail and institutional clients. The company specializes in contracts for difference (CFDs), spread betting, and forex trading, with a focus on leveraging technology to offer a wide range of financial instruments and markets to its clients.
YTD Price Performance: -1.64%
Average Trading Volume: 1,096,654
Technical Sentiment Signal: Strong Sell
Current Market Cap: £3.37B
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