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IG Group Holdings ( (GB:IGG) ) has provided an update.
IG Group Holdings has continued its share buyback programme, purchasing 162,537 ordinary shares between 11 and 15 May 2026 from Morgan Stanley & Co. International at volume-weighted average prices ranging from about 1,514p to 1,535p per share. The company intends to hold these shares in treasury, bringing its treasury stock to 30,314,539 shares and leaving 331,243,329 ordinary shares in issue.
Since 1 April 2026, IG Group has repurchased a total of 987,160 shares at a cost of £14.9 million, underscoring management’s commitment to returning capital to shareholders and potentially boosting earnings per share through a reduced free float. The ongoing buyback signals confidence in the company’s valuation and balance-sheet strength, which may support the share price and enhance long-term value for investors.
The most recent analyst rating on (GB:IGG) stock is a Buy with a £1680.00 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.
The score is driven primarily by strong profitability and an overall solid financial position, supported by attractive valuation (low P/E and a meaningful dividend). Technicals are positive but slightly capped by stretched momentum readings, while recent revenue and free cash flow growth declines remain key risks.
To see Spark’s full report on IGG stock, click here.
More about IG Group Holdings
IG Group Holdings is a financial services firm focused on online trading and investment platforms, offering products such as contracts for difference and leveraged derivatives to retail and professional clients. The company operates globally, catering to active traders seeking access to financial markets across asset classes.
Average Trading Volume: 1,552,907
Technical Sentiment Signal: Buy
Current Market Cap: £5.07B
Find detailed analytics on IGG stock on TipRanks’ Stock Analysis page.