IG Group Holdings ( (GB:IGG) ) has shared an announcement.
IG Group Holdings plc announced the purchase of 121,694 of its ordinary shares from Morgan Stanley & Co. International Plc, as part of a previously announced buyback program. The shares will be held in treasury, bringing the total number of treasury shares to 11,221,161, with 350,336,707 shares remaining in issue. Since February 2025, IG Group has repurchased over 3 million shares, spending over £30 million, which may impact the company’s stock liquidity and shareholder value.
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 a platform for trading financial derivatives, such as contracts for difference (CFDs), and spread betting to retail and institutional clients.
YTD Price Performance: -2.26%
Average Trading Volume: 1,112,859
Technical Sentiment Signal: Sell
Current Market Cap: £3.34B
For an in-depth examination of IGG stock, go to TipRanks’ Stock Analysis page.