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IG Group Reduces Shares in Circulation

IG Group Reduces Shares in Circulation

IG Group Holdings (GB:IGG) has released an update.

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IG Group Holdings plc has successfully repurchased 272,212 of its ordinary shares on August 28, 2024, with the intention to cancel them, reducing the total number of shares in issue to 364,922,793. The shares were bought at prices ranging from 984.50 to 995.00 pence per share, with a total spend of over £42 million since August 12, 2024. This strategic move is part of the company’s ongoing capital management program.

For further insights into GB:IGG stock, check out TipRanks’ Stock Analysis page.

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