tiprankstipranks
Advertisement
Advertisement

IG Group Expands Treasury Stock with Ongoing Share Buyback

Story Highlights
IG Group Expands Treasury Stock with Ongoing Share Buyback

Claim 30% Off TipRanks

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

IG Group Holdings plc has continued its ongoing share buyback programme, purchasing 12,440 ordinary shares on 19 March 2026 at prices between 1,420.00p and 1,423.00p, with a volume-weighted average price of 1,422.66p. The company intends to hold these shares in treasury, bringing its treasury holdings to 28,290,487 shares and leaving 333,267,381 ordinary shares in issue.

Since the programme began in early September 2025, IG Group has repurchased 15,188,250 shares at a total cost of about £185.1 million, excluding fees and taxes. The continued buybacks signal an active capital management strategy that may support earnings per share and indicates management’s confidence in the company’s valuation, with potential implications for existing shareholders’ ownership concentration.

The most recent analyst rating on (GB:IGG) stock is a Buy with a £17.55 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 plc is a UK-based financial services company focused on online trading and investment platforms. The group primarily offers leveraged derivatives such as contracts for difference and spread betting, as well as share dealing services, catering to retail and professional clients seeking access to global financial markets.

Average Trading Volume: 941,898

Technical Sentiment Signal: Buy

Current Market Cap: £4.86B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1