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IG Group Holdings Increases Treasury Shares with Recent Buyback
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IG Group Holdings Increases Treasury Shares with Recent Buyback

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IG Group Holdings ( (GB:IGG) ) has provided an announcement.

IG Group Holdings plc has announced the repurchase of 64,039 of its ordinary shares from UBS AG London Branch, with a volume weighted average price of 988.1272p per share. The company plans to hold these shares in treasury, increasing its total treasury holdings to 7,096,388 shares since September 2024, reflecting a strategic move to manage its share capital more effectively and potentially enhance shareholder value.

More about IG Group Holdings

IG Group Holdings plc is a company operating in the financial services industry, primarily offering online trading and investment services. It focuses on providing trading platforms and services for retail and institutional clients globally.

YTD Price Performance: 0.40%

Average Trading Volume: 845,535

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £3.49B

Find detailed analytics on IGG stock on TipRanks’ Stock Analysis page.

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