An update from IG Group Holdings ( (GB:IGG) ) is now available.
IG Group Holdings plc announced the purchase of 41,212 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 number of treasury shares to 10,398,332. This move is part of a broader share buyback program initiated on 3 February 2025, through which IG Group has acquired a total of 2,386,922 shares at a cost of £22,969,846.30. This transaction reflects the company’s strategic efforts 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 services and products. The company focuses on providing trading platforms and tools for retail and institutional investors, facilitating the trading of various financial instruments including forex, indices, and commodities.
YTD Price Performance: -2.67%
Average Trading Volume: 1,041,178
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £3.34B
See more data about IGG stock on TipRanks’ Stock Analysis page.