IG Group’s Strategic Share Buyback Initiative

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

IG Group Holdings has announced the purchase of 144,304 of its own shares with prices ranging from 936p to 945p, intending to hold them in treasury. This move is part of a larger buyback strategy, with the company having acquired over 2.8 million shares since late September at a cost exceeding £26 million. The share buyback is a significant step for IG Group as it looks to manage its capital efficiently.

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