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IG Group Holdings ( (GB:IGG) ) has provided an announcement.
IG Group Holdings plc announced the repurchase of 93,436 of its ordinary shares from UBS AG London Branch at prices ranging from 1016p to 1026p, with an average price of 1021.7646p. These shares will be held in treasury, bringing the total number of treasury shares to 7,543,245. Since September 2024, the company has invested £70,227,205 in share repurchases, indicating a strategic move to enhance shareholder value and manage capital effectively.
More about IG Group Holdings
IG Group Holdings plc operates in the financial services industry, primarily engaging in online trading and investment solutions. The company offers services such as spread betting and contracts for difference (CFDs), focusing on providing clients with access to financial markets.
YTD Price Performance: 2.57%
Average Trading Volume: 926,921
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £3.59B
For a thorough assessment of IGG stock, go to TipRanks’ Stock Analysis page.
