IG Group Expands Treasury Stock Through Ongoing Share Buyback

IG Group Holdings ( (GB:IGG) ) has provided an announcement.

IG Group Holdings has continued its ongoing share buyback, purchasing 122,864 ordinary shares on 17 March 2026 at a volume-weighted average price of 1,364.90p, with the shares to be held in treasury. Following this latest transaction, the company now holds 28,155,735 shares in treasury and has 333,402,133 shares in issue, bringing total repurchases since September 2025 to 15,053,498 shares at a cost of £183.2 million, underscoring a sustained capital return strategy to shareholders.

The increased treasury position may enhance earnings per share and provides IG Group with additional flexibility for future capital management, including potential use of treasury shares for employee incentive schemes or other corporate purposes. The scale of the programme highlights management’s confidence in the company’s financial position and long-term prospects, while modestly reducing the free float available to investors in the market.

The most recent analyst rating on (GB:IGG) stock is a Hold with a £1483.00 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 IGG Stock

According to Spark, TipRanks’ AI Analyst, IGG is a Outperform.

IG Group Holdings exhibits strong technical indicators and an attractive valuation, which are the most significant factors driving the score. The company’s solid financial performance, despite some challenges in revenue and cash flow growth, supports its stability. The ongoing share buyback program further enhances shareholder value, reflecting positively on the company’s strategic management.

To see Spark’s full report on IGG stock, click here.

More about IG Group Holdings

IG Group Holdings is a UK-based online trading and investments provider that offers derivatives such as CFDs and spread betting, as well as share dealing services. The company focuses on retail and professional clients seeking leveraged exposure to global financial markets through digital trading platforms.

Average Trading Volume: 936,691

Technical Sentiment Signal: Buy

Current Market Cap: £4.62B

Learn more about IGG stock on TipRanks’ Stock Analysis page.