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IG Group Expands Treasury Holdings with Share Buyback

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IG Group Expands Treasury Holdings with Share Buyback

TipRanks Cyber Monday Sale

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

IG Group Holdings plc announced the purchase of 111,888 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 19,843,405. This move is part of a broader strategy since September 2025, where IG Group has acquired a total of 6,741,168 shares at a cost of £73,732,700.62. The transaction reflects the company’s ongoing efforts 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 platforms for trading financial derivatives such as contracts for difference (CFDs) and spread betting, catering to a global market of retail and institutional investors.

Average Trading Volume: 961,822

Technical Sentiment Signal: Buy

Current Market Cap: £3.84B

See more insights into IGG stock on TipRanks’ Stock Analysis page.

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