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IG Group Holdings Announces Share Buyback

IG Group Holdings Announces Share Buyback

IG Group Holdings (GB:IGG) has released an update.

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IG Group Holdings plc has announced the buyback of 250,347 of its own shares at an average price of 719.0235 pence each, with the intention of canceling them to reduce the outstanding share count. This move is part of an ongoing buy-back program which has seen the company acquire over 15 million shares for a total expenditure of approximately £109 million since November 2023.

For further insights into GB:IGG stock, check out TipRanks’ Stock Analysis page.

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