IG Group Holdings (GB:IGG) has released an update.
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IG Group Holdings reported a 15% increase in total revenue reaching £278.9 million for Q1 FY25, despite a slight decrease in active clients. The growth has been attributed to higher revenue per client and increased market volatility in August. The company also announced the completion of the first tranche of their £150 million share buyback program and reiterated their FY25 performance expectations aligning with market consensus.
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