IG Group Expands Treasury Holdings with Recent Share Buyback

The latest announcement is out from IG Group Holdings ( (GB:IGG) ).

IG Group Holdings plc announced the purchase of 70,048 of its ordinary shares from Morgan Stanley & Co. International Plc, as part of a previously announced share buyback program. The shares, bought at a volume-weighted average price of 1,129.44 pence, will be held in treasury, increasing the total treasury shares to 12,788,836. Since February 2025, IG Group has repurchased 4,777,426 shares, reflecting a strategic move to manage its capital structure and potentially enhance shareholder value.

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 has a strong overall stock score driven by its robust financial health, attractive valuation, and strategic corporate actions like share buybacks and acquisitions. Despite technical indicators showing potential short-term overbought conditions, the company’s solid fundamentals and strategic initiatives provide a positive outlook.

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 for retail and institutional clients. The company focuses on providing access to financial markets, including forex, indices, commodities, and cryptocurrencies, through its trading platforms.

Average Trading Volume: 964,165

Technical Sentiment Signal: Buy

Current Market Cap: £3.93B

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