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The latest announcement is out from IG Group Holdings ( (GB:IGG) ).
IG Group Holdings has repurchased 33,657 of its ordinary shares at prices ranging from 961.5p to 972p, with an average price of 964.4847p, from UBS AG London Branch. The repurchased shares are intended to be held in treasury, with the total number of treasury shares now at 6,571,102. Since September 2024, the company has invested £60,468,080 in these buybacks. This strategic move is likely aimed at consolidating ownership, potentially enhancing shareholder value and signaling confidence in the company’s financial stability and market position.
More about IG Group Holdings
IG Group Holdings plc is a prominent player in the financial services industry, primarily offering online trading and investment services. The company focuses on providing clients with access to global markets, including forex, indices, shares, and commodities, aiming to empower informed investment decisions.
YTD Price Performance: 33.44%
Average Trading Volume: 972,425
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £3.43B
See more data about IGG stock on TipRanks’ Stock Analysis page.
