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IG Group Repurchases Shares to Enhance Shareholder Value

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IG Group Repurchases Shares to Enhance Shareholder Value

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

IG Group Holdings announced the repurchase of 101,520 of its ordinary shares from Morgan Stanley on 13 February 2025, with the intention to hold these shares in treasury. Since the beginning of February, the company has repurchased a total of 701,745 shares, highlighting its strategy of buying back shares to potentially increase shareholder value and maintain financial flexibility.

More about IG Group Holdings

IG Group Holdings plc operates in the financial services industry, specializing in online trading services. It offers products such as contracts for difference (CFDs), spread betting, and stockbroking, catering primarily to retail investors and traders globally.

YTD Price Performance: 0.66%

Average Trading Volume: 989,271

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £3.47B

See more insights into IGG stock on TipRanks’ Stock Analysis page.

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