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The latest announcement is out from IG Group Holdings ( (GB:IGG) ).
IG Group Holdings plc has announced the repurchase of 93,428 of its ordinary shares from UBS AG London Branch, with the intention to hold these shares in treasury. This transaction highlights IG Group’s ongoing strategy to manage its share capital effectively, as evidenced by their purchase of 6,805,530 shares since September 2024 at a significant cost. Such actions can have implications for shareholder value and reflect the company’s commitment to optimizing its capital structure.
More about IG Group Holdings
IG Group Holdings plc operates in the financial services industry, primarily providing online trading and investment services. The company is known for its offerings in contracts for difference (CFDs), spread betting, and stockbroking, with a market focus on retail and institutional clients globally.
YTD Price Performance: 34.61%
Average Trading Volume: 875,856
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £3.46B
See more data about IGG stock on TipRanks’ Stock Analysis page.
