IG Group Holdings (GB:IGG) has released an update.
IG Group Holdings has announced the buyback and subsequent cancellation of 471,815 of its own shares, at a weighted average price of 959.65 pence each, reducing the total shares in issue to 363,519,772. Since mid-August, the company has repurchased over 5.8 million shares for a total expenditure of approximately £56.1 million. This move is part of IG Group’s ongoing strategy to manage its capital effectively.
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